Under the Body20 franchise agreement, what section outlines the franchisee's Representations and Acknowledgments?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
| Owner | Owner Address | Ownership Interest |
|---|---|---|
| Sample: | ||
| ABC Corporation | 1 Main Street, Anytown, CA | 100% interest in Franchisee |
| - John Smith | 1 Elm Street, Anytown, CA | 25% interest in ABC |
| - Jane Smith | 1 Elm Street, Anytown, CA | 25% interest in ABC |
| - XYZ, Inc. | 10 Oak Street, Anytown, CA | 50% interest in ABC |
| -- Joe Doe | 10 Oak Street, Anytown, CA | 100% interest in XYZ |
| 17.6 | Severability | 46 |
| 17.7 | Applicable Law Controlling | |
| 17.8 | Survival | 46 |
| 17.9 | Consent | 46 |
| 17.10 | Independent Contractor Relationship | 46 |
| 17.11 | Notices | 47 |
| 17.12 | Non-Disparagement | 47 |
| 17.13 | Execution Successors and Assigns No Third-Party Beneficiaries Delegation No Liability | 47 |
| 17.18 | Exercise of Our Business Judgment | 48 |
| 17.19 | Additional Terms; Inconsistent Terms | 48 |
| SECTION 18 | YOUR REPRESENTATIONS AND ACKNOWLEDGMENTS | 48 |
| 18.1 | Truth of Information | 48 |
| 18.2 | Due Authority | |
| 18.3 | Terrorist Acts | |
| 18.4 | Timely Receipt and Review of Agreement and Disclosure Document | 49 |
| 18.5 | Acknowledgements in Certain States | |
| 18.6 | No Waiver or Disclaimer of Reliance in Certain States | 50 |
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, Section 18 of the franchise agreement outlines the franchisee's representations and acknowledgments. This section begins on page 48 of the franchise agreement.
Within Section 18, several subsections detail specific aspects of these representations and acknowledgments. These include the truth of the information provided by the franchisee, their due authority to enter into the agreement, and confirmation that terrorist acts have not been supported. It also covers the franchisee's timely receipt and review of the agreement and disclosure documents.
Additionally, Section 18 addresses acknowledgments required in certain states and stipulations regarding waivers or disclaimers of reliance in specific states. These provisions ensure that franchisees in states with franchise disclosure laws are protected from unknowingly waiving their rights or disclaiming reliance on statements made by Body20. This section is important for prospective franchisees as it clarifies their responsibilities and confirms their understanding of the franchise agreement, while also outlining certain legal protections.