factual

How must Best In Class Education Center's approval be given to be binding?

Best_In_Class_Education_Center Franchise · 2025 FDD

Answer from 2025 FDD Document

| Yes | No | l. | Have you received from us and personally reviewed the Franchise Agreement and, if applicable, Area Development Agreement ("ADA"), together with all attachments to those agreements? | |-----|----|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | [If you answer "no," please explain in Explanation Section] | | Yes | No | 2. | Have you received from us and personally reviewed a Franchise Disclosure Document ("FDD")? [If you answer "no," please explain in Explanation Section] | | Yes | No | 3. | Did you sign a receipt for the FDD indicating the date you received it? | | Yes | No | 4. | Do you understand all the information contained in the FDD, Franchise Agreement and ADA (if applicable)? [If you answer "no," please identify any information you don't understand in Explanation Section] | | Yes | No | 5. | Did you receive the FDD at least 14 calendar days before signing any agreement relating to the franchise (other than an NDA) or paying any money? | | Yes | No | 6. | Did you receive a complete execution copy of the Franchise Agreement and ADA (if applicable), with all material terms filled in, at least seven (7) calendar days before you signed it? | | Yes | No | 7. | Have you reviewed the FDD, Franchise Agreement and ADA (if applicable) with a lawyer, accountant or other professional advisor? | | Yes | No | 8. | Have you discussed the benefits and risks of developing and operating a Best In Class Education Center franchise with an existing Best In Class Education Center franchisee? | | Yes | No | 9. | Do you understand the risks of developing and operating a Best In Class Education Center franchise? | | Yes | No | 10. | Do you understand the success or failure of your franchise will depend in part upon your skills, abilities and efforts and those of the persons you employ as well as many factors beyond your control such as competition, interest rates, the economy, inflation, labor and supply costs and other relevant factors? | | Yes | No | 11. | Do you understand all disputes or claims you may have arising out of or relating to the Franchise Agreement or ADA (if applicable) must be arbitrated in Washington if not resolved informally or by mediation? | Registration states include California, Hawaii, Illinois, Indiana, the State of Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington and Wisconsin.

| Yes | No | 12. | Do you understand that the Franchise Agreement, ADA (if applicable) and the attachments to those agreements contain the entire agreement between us and you concerning the franchise for the Best In Class Education Center franchise, meaning any prior oral or written statements not set out in the Franchise Agreement, ADA or the attachments will not be binding? | | |

Source: Item 23 — RECEIPT (FDD pages 47–204)

What This Means (2025 FDD)

According to the 2025 Best In Class Education Center FDD, any prior oral or written statements not explicitly included in the Franchise Agreement, ADA (if applicable), or their attachments are not binding. This means that any promises, assurances, or agreements made outside of these official documents are not enforceable. This is a common clause in franchise agreements to ensure that all terms are clearly documented and agreed upon in writing.

Prospective Best In Class Education Center franchisees should be aware that the Franchise Agreement and its attachments constitute the entire agreement between the franchisee and Best In Class Education Center. Franchisees should carefully review all documents and ensure that any important terms or conditions are included in writing. Relying on verbal promises or representations not found in the written agreement carries significant risk, as these will not be legally binding.

Before signing the Franchise Agreement, prospective franchisees should seek legal counsel to review the agreement and ensure they understand all the terms and conditions. This will help protect their interests and ensure that all important aspects of the franchise relationship are clearly defined in writing. Franchisees should also document all communications with Best In Class Education Center during the negotiation process, noting whether any verbal agreements are incorporated into the final written 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.