factual

What representation does the Principal make regarding the Franchisee's representations in connection with the Bumper Man Franchise Agreement?

Bumper_Man Franchise · 2025 FDD

Answer from 2025 FDD Document

Principal represents that each and every representation of Certified Technician made in connection with the Agreement is true, correct and complete in all respects as of the time given and as of the time of the undersigned Principal(s)' execution of this Guaranty.

Source: Item 23 — RECEIPTS (FDD pages 45–180)

What This Means (2025 FDD)

According to the 2025 Bumper Man Franchise Disclosure Document, a Principal of the franchisee guarantees the accuracy of the franchisee's representations made in connection with the Franchise Agreement. Specifically, the Principal represents that all statements made by the Certified Technician (franchisee) are true, correct, and complete, both when initially given and at the time the Principal executes the Guaranty.

This means that the Principal is vouching for the franchisee's honesty and accuracy in all dealings with Bumper Man related to the franchise agreement. This includes information provided during the application process, financial disclosures, and any other representations made to induce Bumper Man to enter into the agreement. The Principal is essentially taking personal responsibility for the franchisee's truthfulness.

This requirement protects Bumper Man by ensuring that individuals with a significant stake in the franchisee's business are held accountable for the accuracy of the information provided. It also discourages franchisees from making false or misleading statements, as the Principal's personal guarantee could expose them to liability if the representations prove to be untrue. Prospective franchisees should ensure that all information provided to Bumper Man is accurate and complete, as any misrepresentations could have serious consequences for both the franchisee and the Principal.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.