What law governs the Guaranty for a Beyond Juicery Eatery franchise?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
I have received a Uniform Franchise Disclosure Document including the following exhibits on the date listed below:
- A. Financials
- B. Franchise Agreement
- C. Area Development Agreement
- D. Electronic Funds Transfer Authorization
- E. Principal Owner's Guaranty and Assumption of Obligations
- F. Confidentiality and Nondisclosure Agreement and Covenant Not to Compete
- G. Telephone Number Assignment
Source: Item 22 — CONTRACTS (FDD page 60)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the specific laws governing the Principal Owner's Guaranty and Assumption of Obligations for a Beyond Juicery Eatery franchise are not explicitly detailed in the provided excerpts. However, Exhibit E, listed in Item 23, refers to the 'Principal Owner's Guaranty and Assumption of Obligations,' suggesting this document exists as part of the franchise agreement.
While the excerpts do not specify which state's laws govern the Guaranty, they do mention that the Franchise Agreement itself is construed according to the laws of the state in which the real estate is located. It is common practice in franchising for such agreements to be governed by the laws of a specific jurisdiction, often the state where the franchise is located or where the franchisor's principal place of business is situated.
A prospective Beyond Juicery Eatery franchisee should carefully review Exhibit E, the 'Principal Owner's Guaranty and Assumption of Obligations,' and consult with a legal professional to fully understand their obligations and the governing law. It would be prudent to ask Beyond Juicery Eatery for clarification on which jurisdiction's laws apply to the Guaranty and how those laws might affect the franchisee's responsibilities.