Does the Aplus Franchisee Disclosure Questionnaire require the franchisee to confirm they have reviewed each exhibit, addendum, and schedule attached to the Franchise Agreement?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
| [PLEASE RESPOND WITH YES OR NO TO EACH QUESTION BELOW] |
|---|
| 1. |
| Have you received and personally reviewed Sunoco Retail LLC Franchise Agreement and each |
| exhibit, addendum and schedule attached to it? |
| 2. |
| Do you understand all of the information contained in the Franchise Agreement and each exhibit |
| and schedule attached to it? |
| If "No", what parts of the Franchise Agreement do you not understand? (Attach additional pages, if |
| necessary.) |
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, the Franchisee Disclosure Questionnaire does require the franchisee to confirm they have personally reviewed the Aplus Franchise Agreement and each exhibit, addendum, and schedule attached to it. This is explicitly stated in the questionnaire, where prospective franchisees must answer 'yes' or 'no' to having received and personally reviewed the agreement and its attachments.
The questionnaire also asks if the franchisee understands all the information contained within the Franchise Agreement and its associated documents. If the franchisee answers 'no', they are required to specify which parts of the agreement they do not understand. This process ensures that franchisees are aware of the agreement's contents and have the opportunity to seek clarification on any unclear points before entering into the franchise agreement.
This requirement is a standard practice in franchising, intended to protect both the franchisor and franchisee by ensuring the franchisee is fully informed. By confirming their review and understanding, the franchisee acknowledges their awareness of the terms and conditions, which can help prevent future disputes or misunderstandings. However, the FDD also states that for Maryland residents, representations requiring prospective franchisees to assent to a release, estoppel, or waiver of liability are not intended to act as a release, estoppel, or waiver of any liability incurred under the Maryland Franchise Registration and Disclosure Law.