For the Anago franchise agreement, what entities are included in the definition of the term 'person'?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
- (b) The term "person" includes any corporation, partnership, estate, trust, association, branch, bureau, subdivision, venture, associated group, individual (and the heirs, executors, administrators, or other legal representatives of an individual), government, institution, instrumentality and other entity, enterprise, association or endeavor of every nature and kind.
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the term 'person' is broadly defined within the franchise agreement. This definition is important because it clarifies who or what can be held accountable under the terms of the agreement.
The definition of 'person' includes a wide array of entities, such as corporations, partnerships, estates, trusts, associations, branches, bureaus, subdivisions, ventures, and associated groups. It also encompasses individuals, including their heirs, executors, administrators, or other legal representatives. Governmental bodies, institutions, instrumentalities, and other entities, enterprises, associations, or endeavors of every nature and kind are also included in the definition.
This comprehensive definition ensures that Anago can enforce the franchise agreement against a broad range of individuals and organizations, providing Anago with flexibility in its dealings with franchisees and other parties. For a prospective franchisee, this means that their business, regardless of its legal structure (e.g., sole proprietorship, LLC, corporation), will be subject to the agreement's terms. It also implies that personal assets or estates could be at risk depending on how the franchise is structured and any personal guarantees provided.