Where can I find information about dispute resolution related to the Budget License Agreement?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
| OBLIGATION | SECTION IN AGREEMENT | ITEM IN DISCLOSURE DOCUMENT |
|---|---|---|
| x. Dispute Resolution | 14.9 to 14.13 of the Budget License Agreement XIX of the Intercity Program | Item 17 |
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 37–61)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, information regarding dispute resolution can be found in Item 17 and within paragraphs 14.9 to 14.13 of the Budget License Agreement, as well as Section XIX of the Intercity Program.
This indicates that the FDD provides a specific location, Item 17, where dispute resolution is discussed. Additionally, the Budget License Agreement itself contains provisions in paragraphs 14.9 through 14.13 that address how disputes will be handled. The Intercity Program also has a section (XIX) that pertains to dispute resolution.
For a prospective franchisee, this means that understanding the dispute resolution process is crucial. They should carefully review Item 17 of the FDD and the specified paragraphs in the Budget License Agreement to know their rights and obligations if a disagreement arises with Budget. Knowing the dispute resolution methods, such as mediation or arbitration, and the procedures involved can save time and money in the long run.