For Bang Cookies franchisees, what section in the Disclosure Agreement (DA) addresses dispute resolution?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
| t. Transfer | FA: 14 DA: 6 | 17 |
|---|---|---|
| u. Renewal | FA: 15 DA: 3 | 17 |
| v. Post-termination obligations | FA: 6, 10, 11, 17 and 18 DA: Not applicable | 17 |
| w. Non-competition covenants | FA: 6, 17 and 18 DA: Not applicable | 17 |
| x. Dispute resolution | FA: 18.F. and 18.G. DA: 7 | 17 |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 28–29)
What This Means (2024 FDD)
According to Bang Cookies's 2024 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations, including where to find details regarding dispute resolution within the Disclosure Agreement (DA). Specifically, dispute resolution is addressed in Section 7 of the DA.
This means that if a Bang Cookies franchisee has a disagreement or conflict with the franchisor, they should refer to Section 7 of the Disclosure Agreement for guidance on how disputes are to be resolved. This section likely outlines procedures for mediation, arbitration, or other methods of conflict resolution.
Prospective franchisees should carefully review Section 7 of the Disclosure Agreement to understand their rights and obligations regarding dispute resolution. Understanding this section is crucial before signing the franchise agreement, as it dictates how any future disagreements will be handled. Franchisees should also consult with a legal professional to fully understand the implications of the dispute resolution process outlined in the agreement.