Does the Burros Fries franchise agreement release Burros Fries from liability based on representations not included in the agreement, to the extent permitted by law?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
**FRANCHISEE ACKNOWLEDGES THAT FRANCHISEE AND ALL OF ITS OWNERS, HAVE BEEN ADVISED TO HAVE THIS AGREEMENT AND ALL OTHER DOCUMENTS REVIEWED BY AN ATTORNEY AND THAT FRANCHISEE AND ITS OWNERS HAVE READ, UNDERSTOOD, HAD AN OPPORTUNITY TO DISCUSS AND AGREED TO EACH PROVISION OF TH
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2024 FDD)
According to the 2024 Burros Fries Franchise Disclosure Document, the franchise agreement includes an acknowledgement by the franchisee that no claims or statements contradicting the disclosure document were made. Furthermore, the franchisee acknowledges that they were advised to have the agreement reviewed by an attorney and that they understood and agreed to each provision.
This provision aims to limit Burros Fries's liability by ensuring that franchisees cannot later claim they were induced into signing the agreement based on promises or representations outside of the official FDD and franchise agreement. This is a common practice in franchising to provide clarity and prevent disputes based on misunderstandings or verbal agreements.
For a prospective Burros Fries franchisee, this means it is crucial to rely solely on the information provided in the FDD and the franchise agreement itself. Any verbal promises or assurances from the franchisor or its representatives that are not documented in these official documents should be viewed with caution. It is also important to seek legal counsel to review the agreement and ensure a full understanding of its terms before signing.