factual

What topic does Section 24.3 of the Buns On Fire Franchise Agreement address?

Buns_On_Fire Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. The following sentence is added at the end of Section 24.3 of the Franchise Agreement ("No Oral Modification"): "This Section is not intended to, nor will it, act as a release, estoppel or waiver of any liability incurred under the Maryland Franchise Registration and Disclosure Law."

Source: Item 23 — RECEIPTS (FDD pages 49–200)

What This Means (2025 FDD)

According to the 2025 Buns On Fire Franchise Disclosure Document, Section 24.3 of the Franchise Agreement concerns "No Oral Modification". For Maryland franchisees, the Illinois Addendum to the Franchise Agreement states that the section is not intended to act as a release, estoppel, or waiver of any liability incurred under the Maryland Franchise Registration and Disclosure Law. This means that any verbal agreements or promises made outside of the written contract are not legally binding, and the written agreement is the final authority.

This provision is designed to prevent misunderstandings or disputes based on informal conversations or agreements that are not documented in writing. It reinforces the importance of having all agreements and modifications formally documented and signed by both Buns On Fire and the franchisee.

For a prospective Buns On Fire franchisee, this means you should ensure that any promises or agreements made by the franchisor are included in the written Franchise Agreement or a signed addendum. Relying on verbal assurances alone could be risky, as they may not be enforceable. This is a fairly standard clause in franchise agreements to ensure clarity and prevent future disputes.

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.