For a Bigfoot Forestry franchise, what is the consequence of answering untruthfully to the questions in the receipt?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 Bigfoot Forestry franchise, meaning any prior oral or written statements not set out in the Franchise Agreement, ADA or the attachments will not be binding? | |
|---|---|---|---|---|
| Yes | No | 13. | FDD? | Did any of our employees or representatives, or any person speaking on our behalf, make any |
| statement or promise regarding the costs involved in operating a Bigfoot Forestry franchise that is | ||||
| not contained in the FDD or that is contrary to, or different from, the information contained in the | ||||
| [If you answer "yes," please describe the statement or promise in Explanation Section] | ||||
| Yes | No | 14. | Did any of our employees or representatives, or any person speaking on our behalf, make any | |
| statement or promise regarding the training, assistance or support that will be provided to you that | ||||
| is not contained in the FDD or that is contrary to, or different from, the information in the FDD? | ||||
| [If you answer "yes," please describe the statement or promise in Explanation Section] | ||||
| Yes | No | 15. | FDD? | Did any of our employees or representatives, or any person speaking on our behalf, make any |
| statement or promise regarding the actual, average, projected or hypothetical profits or earnings, | ||||
| the likelihood of success, the amount of money you may earn, or the total amount of revenue a | ||||
| Bigfoot Forestry business may generate, other than any information included in Item 19 of the | ||||
| [If you answer "yes," please describe the statement or promise in Explanation Section] | ||||
| Signature of Franchise Applicant | CAREFULLY AND RESPONDED TRUTHFULLY TO THE ABOVE QUESTIONS. | YOU UNDERSTAND THAT YOUR ANSWERS ARE IMPORTANT TO US AND THAT WE WILL RELY ON THEM. BY | ||
| SIGNING THIS QUESTIONNAIRE, YOU ARE REPRESENTING THAT YOU HAVE | ||||
| CONSIDERED EACH QUESTION |
Source: Item 23 — RECEIPT (FDD pages 42–162)
What This Means (2025 FDD)
According to Bigfoot Forestry's 2025 Franchise Disclosure Document, the franchise applicant is required to answer the questions in the Franchisee Disclosure Questionnaire carefully and truthfully. By signing the questionnaire, the applicant represents that they have considered each question carefully and responded truthfully. Bigfoot Forestry emphasizes that the answers are important and that the company will rely on them.
This questionnaire serves as a confirmation that the franchisee had adequate opportunity to review the Franchise Disclosure Document (FDD), consult with advisors, and ask questions before signing the Franchise Agreement. It also helps Bigfoot Forestry ensure that their sales team followed proper procedures during the franchise sales process.
The FDD does not explicitly state the consequences of providing untruthful answers. However, the representation that the answers are truthful is a legally binding statement. If Bigfoot Forestry later discovers that a franchisee provided false information, it could potentially lead to legal action, including a breach of contract claim, especially if the false information induced Bigfoot Forestry to enter into the Franchise Agreement. The franchisee could face potential damages or even termination of the franchise agreement.
Prospective franchisees should understand the importance of providing honest and accurate responses to all questions in the Franchisee Disclosure Questionnaire. Any misrepresentation, even if unintentional, could have significant legal and financial ramifications. It is advisable to carefully review all questions and seek legal counsel if there is any uncertainty about the correct answer.