What should be reported if the Bombs Away disclosure document is not delivered on time?
Bombs_Away Franchise · 2024 FDDAnswer from 2024 FDD Document
If Bombs Away Franchising, LLC does not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and any applicable state agency (which are listed in Exhibit A).
Source: Item 23 — RECEIPTS (FDD pages 36–117)
What This Means (2024 FDD)
According to Bombs Away's 2024 Franchise Disclosure Document, if the disclosure document is not delivered on time, or if it contains false or misleading statements, or a material omission, a violation of federal and state law may have occurred.
In such cases, the document states that this should be reported to the Federal Trade Commission (FTC) in Washington, D.C. The address provided is Washington, D.C. 20580. Additionally, the violation should be reported to any applicable state agency, which are listed in Exhibit A of the FDD.
This requirement ensures that prospective franchisees are protected by enabling them to report any discrepancies or failures in the disclosure process to the appropriate regulatory bodies. By reporting these issues, franchisees can help maintain transparency and compliance within the Bombs Away franchise system.