In the receipts section, what information about the Casiola franchisee's representative must be printed alongside their signature?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
| Franchisor: Casiola Franchise LLC | Franchisee: | |
|---|---|---|
| By: | Signature | |
| Signature | ||
| Name and Title (please print) | Name (please print) | |
| Dated | Dated |
Source: Item 23 — RECEIPTS (FDD pages 47–209)
What This Means (2024 FDD)
According to the 2024 Casiola Franchise Disclosure Document (FDD), when a franchisee signs a receipt, they must also print their name. The receipt also requires the franchisee to date their signature. Casiola Franchise LLC also signs the receipt. The receipt includes signature lines for both the franchisor and the franchisee.
This requirement ensures that there is a clear record of who acknowledged the receipt, which can be important for legal and accounting purposes. By requiring the printed name, it eliminates any ambiguity about the identity of the person signing, especially if the signature is illegible. The date provides a clear timeline for the transaction or acknowledgement.
This is a standard practice in franchising and business in general, as it helps maintain transparency and accountability. Franchisees should ensure that they comply with this requirement to avoid any potential disputes or issues with Casiola.