What specific remedies can Bhc pursue if a Prospective Franchisee provides a false statement?
Bhc Franchise · 2025 FDDAnswer from 2025 FDD Document
Prospective Franchisee acknowledges that any false statement, in whole or in part, on this Acknowledgment shall be considered sufficient cause to deny any further consideration or cause revocation and termination of any agreement signed at any time with BHC, and to the extent permissible by such agreement or law, BHC shall have the right to exercise any and all remedies available to it at law or in equity, including specific performance and damages (including liquidated).
Source: Item 23 — Receipts (FDD pages 52–230)
What This Means (2025 FDD)
According to Bhc's 2025 Franchise Disclosure Document, if a prospective franchisee provides any false statement, Bhc can deny further consideration of the franchise application. Bhc can also revoke and terminate any agreement signed with the prospective franchisee.
To the extent permissible by the agreement or law, Bhc has the right to exercise any and all remedies available to it at law or in equity. These remedies include specific performance and damages, including liquidated damages.
This means that Bhc has several options if a prospective franchisee provides false information. They can simply reject the application, terminate any existing agreements, and pursue legal remedies to recover damages or enforce the agreement. Prospective franchisees should ensure that all information provided to Bhc is accurate and complete to avoid these potential consequences.