Does the Burros Fries franchisee acknowledge that the only representations and warranties from Burros Fries are those in the Franchise Disclosure Document and the agreement itself?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchisee acknowledges that any statements, oral or written, by us or our agents preceding the execution of this Agreement were for informational purposes only and do not constitute any representation or warranty by us. The only representations, warranties and obligations of us are those specifically set forth in the Franchise Disclosure Document and this Agreement. Franchisee must not rely on, and the parties do not intend to be bound by, any statement or representation not contained therein.
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2024 FDD)
According to the 2024 Burros Fries Franchise Disclosure Document, a franchisee acknowledges that any statements, oral or written, made by Burros Fries or its agents before the execution of the Franchise Agreement are for informational purposes only and do not constitute any representation or warranty by Burros Fries. The franchisee agrees that the only representations, warranties, and obligations of Burros Fries are those specifically outlined in the Franchise Disclosure Document and the Franchise Agreement. The franchisee confirms they should not rely on any statement or representation not contained within those documents, and that neither party intends to be bound by anything outside of them. This acknowledgement is a standard clause in franchise agreements.
This provision aims to protect Burros Fries from potential misinterpretations or reliance on information not formally documented. It ensures that the franchisee understands that the Franchise Disclosure Document and the Franchise Agreement are the definitive sources of information and obligations for both parties. This clause is intended to prevent franchisees from claiming they were promised something that is not actually included in the official documents.
For a prospective Burros Fries franchisee, this means it is crucial to carefully review the Franchise Disclosure Document and the Franchise Agreement before signing. Any promises or assurances made by Burros Fries representatives that are not written in these documents should be viewed with caution. It is the franchisee's responsibility to ensure that all important terms and conditions are included in the written agreements to avoid future disputes. This also reinforces the importance of seeking legal counsel to review these documents before making a final decision.