What is the legal significance of the 'good faith' statement regarding the information on FranChimp.com for a Bonchon franchisee?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
This document was downloaded from franchimp.com. All the information on this website is published in good faith and for general information purpose only. FranChimp.com does not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information you find on this website (FranChimp.com), is strictly at your own risk. We will not be liable for any losses and/or damages in connection with the use of our website.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the statement regarding information on FranChimp.com is a disclaimer of warranties and liability. It explicitly states that all information on the website is published in good faith but is for general information purposes only. FranChimp.com does not guarantee the completeness, reliability, or accuracy of this information.
For a prospective Bonchon franchisee, this means that any action taken based on information found on FranChimp.com is at their own risk. Bonchon will not be held liable for any losses or damages resulting from the use of the website. This is a standard legal protection for website operators, particularly those dealing with business or financial information.
This disclaimer highlights the importance of relying on official sources of information, such as the FDD itself and direct communication with Bonchon, rather than third-party websites. Franchisees should conduct their own due diligence and seek professional advice before making any decisions based on information found online.