Does the Checkersrallys Franchise Agreement require the franchisee to acknowledge receipt of the Franchise Disclosure Document?

According to Checkersrallys's 2025 Franchise Disclosure Document, the Franchise Agreement requires the franchisee to acknowledge receipt of the Franchise Disclosure Document (FDD). Specifically, Section 18.16 of the agreement states that the franchisee acknowledges having received the FDD and the agreement itself, with all blanks completed, within the time periods required by applicable law.

This acknowledgement is a standard clause in franchise agreements. It confirms that the franchisee has been given the opportunity to review the FDD, which contains important information about the franchise system, including fees, obligations, and financial performance representations. By signing the agreement, the franchisee is affirming that they received this information within the legally mandated timeframe, allowing them sufficient time to make an informed decision.

The inclusion of this clause helps protect Checkersrallys from potential legal challenges based on claims that the franchisee did not receive or have adequate time to review the FDD before signing the agreement. It also reinforces the franchisee's responsibility to have conducted their own due diligence and to understand the terms of the franchise agreement before entering into the business relationship. This acknowledgement is a critical component of ensuring transparency and compliance with franchise regulations.