If the Canine Dimensions agreement is signed on a Friday, when does the cancellation period expire?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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) |
Source: Item 22 — CONTRACTS (FDD page 36)
What This Means (2025 FDD)
According to Canine Dimensions' 2025 Franchise Disclosure Document, a franchisee has the right to cancel the transaction within a specific timeframe. Specifically, the FDD states that the purchaser may cancel the transaction at any time prior to midnight of the fifth business day after signing the agreement.
Therefore, if a Canine Dimensions franchise agreement is signed on a Friday, the cancellation period extends until midnight of the following Friday, assuming there are no intervening holidays or closures that would affect business days. This allows the franchisee a period to reconsider their decision without penalty.
It is important to note that the FDD includes a "Notice of Cancellation" form. The franchisee should refer to this attached notice for a clear explanation of their cancellation rights and the exact procedure to follow if they decide to cancel the agreement. The franchisee should also confirm with Canine Dimensions whether weekends are considered business days for the purpose of calculating the cancellation period.