What information is included on the Bumper Man Disclosure Document receipt?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
No statement, questionnaire, or acknowledgement signed or agreed to by Franchisee in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by Franchisor, any franchise seller, or any other person acting on Franchisor's behalf. This provision supersedes any other term of any document executed in connection with the franchise.
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
Based on the 2025 Bumper Man Franchise Disclosure Document, Item 23 discusses receipts but does not describe the specific contents or format of any receipt a franchisee would receive after acknowledging the disclosure document. Instead, it focuses on the legal implications and rights related to statements made during the franchise commencement.
Specifically, the FDD states that no signed statement can waive claims under state franchise law, including fraud, or disclaim reliance on statements made by the franchisor. This clause aims to protect the franchisee's rights and ensures that they cannot inadvertently relinquish legal protections through standard acknowledgments.
Because the FDD excerpt does not detail the receipt's contents, a prospective Bumper Man franchisee should ask the franchisor for a sample copy of the receipt and clarification on what information it contains. This will help the franchisee understand what they are acknowledging when signing the receipt and ensure they are fully informed about their rights and obligations.