Does the B Bops agreement require the Developer to acknowledge they have read and understood the agreement and the UFOC?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
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- ACKNOWLEDGMENTS. Developer represents and warrants to Company as follows:
- A. Developer has received a copy of this Agreement, and all attachments hereto, at least five (5) business days prior to the date on which this Agreement was executed by Developer.
- B. Developer acknowledges that Developer has received the Uniform Franchise Offering Circular provided by Company at least ten (10) business days prior to the date on which this Agreement was executed.
- C. Developer acknowledges that Developer has read and understood this Agreement, the attachments hereto, and the Uniform Franchise Offering Circular provided by Company, and that Developer has had ample time and opportunity to consult with advisors of its own choosing about the potential benefits and risks of entering into this Agreement.
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- INVALIDITY. If any term or provision of this Agreement, or any part of any term or provision hereof, shall be adjudicated to be void or invalid, then the remaining terms and provision hereof not specifically so adjudicated to be invalid shall be executed without reference to the term or provision or part thereof so adjudicated, insofar as such remaining terms and provisions are capable of execution.
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- GOVERNING LAW. This Agreement shall be deemed made when accepted by Company in Des Moines, Iowa, and, shall be subject to and governed by the laws of the State of Iowa.
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- ENTIRE AGREEMENT. This Agreement, the Appendices attached hereto and incorporated herein by this reference and any Unit Franchise Agreement executed between the parties pursuant to this Agreement constitute the entire, full and complete agreement between Company and Developer concerning the subject matter hereof, and supersedes all prior oral or written agreements. No amendment, change or variance from this Agreement shall be binding
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, the Developer must acknowledge that they have received, read, and understood the agreement, its attachments, and the Uniform Franchise Offering Circular (UFOC). This acknowledgement confirms that the Developer has had sufficient time to consult with advisors regarding the potential benefits and risks before entering into the agreement.
This provision is standard in franchise agreements to ensure that franchisees are fully informed about the terms and conditions they are agreeing to. By acknowledging they have read and understood the documents, the Developer confirms they are aware of their obligations, the franchisor's responsibilities, and the potential risks involved in operating a B Bops franchise. This acknowledgement helps protect B Bops from potential future disputes based on a franchisee claiming they were unaware of certain terms.
The agreement also states that if any part of the agreement is deemed void or invalid, the remaining terms will still be executed as long as they are capable of execution. The agreement is governed by the laws of Iowa, and it constitutes the entire agreement between B Bops and the Developer, superseding any prior agreements unless amendments are made in writing and executed by both parties.
Prospective B Bops developers should carefully review all documents and consult with legal and financial advisors to fully understand their rights and obligations before signing the agreement. This acknowledgement is a critical part of the agreement, and signing it indicates the developer's informed consent to all its terms.