factual

How does the Virginia addendum modify Item 17(t) regarding binding agreements for Bombs Away?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

Item 17(t) is amended to read as follows:

Only the terms of the Franchise Agreement and other related written agreements are binding (subject to applicable state law). Any representations or promises outside of the Disclosure Document and Franchise Agreement may not be enforceable.

Source: Item 23 — RECEIPTS (FDD pages 36–117)

What This Means (2024 FDD)

According to Bombs Away's 2024 Franchise Disclosure Document, the Virginia addendum modifies Item 17(t) to clarify which agreements are binding. Specifically, it states that only the terms within the Franchise Agreement and other related written agreements are binding, subject to applicable state law. This means that any promises or representations made outside of the official Disclosure Document and Franchise Agreement may not be enforceable in Virginia.

For a prospective Bombs Away franchisee in Virginia, this modification is important because it limits the scope of what they can legally rely upon. Verbal promises or assurances made by Bombs Away representatives that are not documented in the Franchise Agreement or related written agreements hold less weight and may be difficult to enforce. This protects both the franchisee and the franchisor by ensuring that the written contract is the primary source of obligations and rights.

This type of addendum is common in franchise agreements to address specific state laws and to provide clarity regarding the enforceability of various provisions. Franchisees should pay close attention to these state-specific addenda, as they can significantly alter the terms of the franchise agreement. It is advisable for potential Bombs Away franchisees in Virginia to carefully review all written documents and seek legal counsel to understand their rights and obligations fully.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.