What are the specific obligations of Bonchon as a sole proprietor under the Stripe Services Agreement?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
will not be liable for any losses and/or damages in connection with the use of our website.
https://stripe.com/legal/ssa 1/46
General Terms
Last modified: December 15, 2023
You and Stripe agree as follows:
1. Your Stripe Account.
1.1 Eligibility.
Only businesses (including sole proprietors) and non-profit organizations located in the United States are eligible to apply for a Stripe Account and use the Services. Stripe and its Affiliates may provide Services to you or your Affiliates in other countries or regions under separate agreements. You and your Representative must not attempt to create a Stripe Account on behalf of or for the benefit of a user whose use of the Stripe services was suspended or terminated by Stripe, unless Stripe approves otherwise.
1.2 Business Representative.
You and your Representative individually affirm to Stripe that (a) your Representative is authorized to provide User Information on your behalf and to bind you to this Agreement; and (b) your Representative is an executive officer, senior manager or otherwise has significant responsibility for the control, management or direction of your business. Stripe may require you or your Representative to provide additional information or documentation demonstrating your Representative's authority.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, if a franchisee operates as a sole proprietor, they and their representative affirm that the representative is personally responsible and liable for the franchisee's use of Stripe's services. This includes obligations to customers and payment of any amounts owed under the Stripe Services Agreement. This means the individual owner is on the hook for all debts and liabilities.
If the sole proprietor is not old enough to enter into a contract (typically under 18, but at least 13 years old), their parent or legal guardian must act as their representative. This representative is then responsible to Stripe and legally bound to the agreement as if they agreed to it themselves. This ensures that there is a legally responsible party overseeing the account.
Only businesses, including sole proprietorships, located in the United States are eligible to apply for a Stripe Account and use the services. The franchisee must not attempt to create a Stripe Account on behalf of someone whose Stripe services were previously suspended or terminated, unless Stripe approves it. This is a standard fraud prevention measure.