What constitutes a 'business day' for the purpose of the Canine Dimensions cancellation period?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
RANCHISEE: | | Witness | |
FOR THE STATE OF OHIO:
The following language will be added to the Franchise Agreement:
Date:
| You, the purchaser, may cancel this transaction at any time prior to midnight of the fifth business day after the date you sign this agreement. See the attached notice of cancellation for an explanation of this right. | ||
|---|---|---|
| Franchisee Initials Here: | ||
| NOTICE OF CANCELLATION | ||
| (enter date of transaction) | ||
| business day after the Effective Date. | You may cancel this transaction, without penalty or obligation, within five business days from the above date. If | |
| you cancel, any payments made by you under the agreement, and any negotiable instrument executed by you will | ||
| be returned within ten business days following the seller's receipt of your cancellation notice, and any security | ||
| interest arising out of the transaction will be cancelled. If you cancel, you must make available to the seller at your | ||
| business address all goods delivered to you under this agreement; or you may if you wish, comply with the | ||
| instructions of the seller regarding the return shipment of the goods at the seller's expense and risk. If you do make | ||
| the goods available to the seller and the seller does not pick them up within twenty days of the date of your notice | ||
| of cancellation, you may retain or dispose of them without further obligation. |
Source: Item 22 — CONTRACTS (FDD page 36)
What This Means (2025 FDD)
Based on the 2025 Canine Dimensions Franchise Disclosure Document, a franchisee has the right to cancel the transaction within a specific timeframe. The cancellation period is "five business days after the date you sign this agreement." If a franchisee chooses to cancel, any payments made under the agreement and any negotiable instruments executed will be returned within ten business days following the seller's receipt of the cancellation notice. Additionally, any security interest arising out of the transaction will be canceled.
To cancel the transaction, the franchisee must make available to the seller, at their business address, any goods delivered under the contract. Alternatively, the franchisee can comply with the seller's instructions regarding the return shipment of the goods at the seller's expense and risk. If the franchisee does not agree to return the goods, or if the seller does not pick them up within twenty days of the date of the cancellation notice, the franchisee may retain or dispose of the goods without further obligation.
The FDD does not define what constitutes a 'business day' for Canine Dimensions. This is important because the exact definition can vary. For example, some franchisors may exclude weekends and holidays, while others might have a more specific definition based on their operational hours. A prospective franchisee should clarify with Canine Dimensions what days are considered business days to accurately determine the cancellation deadline.