factual

Does the Angry Chickz agreement require the Guarantor to obtain advice of counsel?

Angry_Chickz Franchise · 2025 FDD

Answer from 2025 FDD Document

ADVICE OF COUNSEL.

GUARANTOR ACKNOWLEDGES THAT GUARANTOR HAS EITHER OBTAINED THE ADVICE OF COUNSEL OR HAS HAD THE OPPORTUNITY TO OBTAIN

Source: Item 22 — CONTRACTS (FDD page 54)

What This Means (2025 FDD)

According to the 2025 Angry Chickz Franchise Disclosure Document, the agreement does not mandate that a guarantor obtain advice of counsel. However, the guarantor must acknowledge that they have either obtained advice from counsel or have had the opportunity to do so before signing the Continuing Guaranty.

This acknowledgement is a standard legal protection for Angry Chickz. By confirming that the guarantor either sought legal advice or had the chance to do so, the guarantor cannot later claim they didn't understand the agreement's implications. This helps to ensure the enforceability of the guaranty.

For a prospective Angry Chickz franchisee, this means that if a guarantor is required for their franchise agreement (often a spouse or business partner), that guarantor should carefully review the Continuing Guaranty and ideally consult with an attorney. While not mandatory, seeking legal advice can help the guarantor fully understand their obligations and potential liabilities under the agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.