What is included in Exhibit A of the Cinch I.T. FDD?
Cinch_I_T Franchise · 2024 FDDAnswer from 2024 FDD Document
If Cinch Franchise, LLC does not deliver this Disclosure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the State Agency listed in Exhibit A.
Issuance Date: April 30, 2024. See Exhibit A for our registered agents authorized to receive service of process.
Source: Item 23 — RECEIPTS (FDD pages 60–269)
What This Means (2024 FDD)
According to the 2024 Cinch I.T. Franchise Disclosure Document, Exhibit A lists the state agencies authorized to receive service of process. The document states that if Cinch I.T. does not deliver the disclosure document on time, or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred. This should be reported to the Federal Trade Commission and the State Agency listed in Exhibit A.
In essence, Exhibit A provides prospective Cinch I.T. franchisees with contact information for the state agencies responsible for franchise regulation and oversight. This information is crucial because it allows franchisees to report any potential violations of franchise law, such as failure to provide the disclosure document within the mandated timeframe or the inclusion of false or misleading information in the document.
Having access to these state agency contacts empowers franchisees to take action if they believe their rights have been violated. It ensures that there is a clear channel for reporting issues and seeking resolution through the appropriate regulatory bodies. This is a standard inclusion in franchise disclosure documents, as it promotes transparency and accountability in the franchising process.