Is the Buona franchisor limited to the rights and remedies specified in the Development Agreement?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
- 7.6 No right or remedy herein conferred upon or reserved to Franchisor is exclusive of any other right or remedy provided or permitted by law or equity.
Source: Item 22 — CONTRACTS (FDD page 78)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, the franchisor is not limited to only the rights and remedies specified in the Development Agreement. Buona retains all rights or remedies provided or permitted by law or equity, in addition to those in the agreement. This means Buona has various options for protecting its interests and enforcing the agreement beyond what is explicitly written in the contract.
For a prospective Buona developer, this clause implies that the Development Agreement should be carefully reviewed with legal counsel to fully understand the scope of obligations and potential liabilities. While the agreement outlines specific rights and remedies, Buona's ability to pursue additional legal or equitable actions provides them with broad enforcement powers.
This is a fairly standard clause in franchise agreements. It is important for the franchisee to understand that the written contract is not the only source of legal obligations or potential liabilities. Franchisees should be aware of the broader legal landscape and how it could impact their relationship with Buona.