Which item in the Budget Disclosure Document covers dispute resolution?
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, Item 17 contains information regarding dispute resolution. Specifically, the table in Item 11 cross-references dispute resolution to sections 14.9 to 14.13 of the Budget License Agreement XIX of the Intercity Program and indicates that Item 17 of the disclosure document provides further details.
This means that if a Budget franchisee has a disagreement or conflict with the franchisor, the procedures for resolving that dispute, such as mediation or arbitration, will be outlined in Item 17 of the FDD. The specific terms and conditions governing these processes are detailed in sections 14.9 to 14.13 of the Budget License Agreement XIX of the Intercity Program.
Prospective franchisees should carefully review Item 17 to understand their rights and obligations in case of a dispute. Understanding the dispute resolution process is crucial, as it dictates how and where disagreements will be handled, potentially impacting the time, cost, and outcome of any legal conflicts with Budget.