What is considered a 'Representative' of Deka Lash for the purposes of the Closing Acknowledgements?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
DL FRANCHISING, LLC ("Deka Lash") ("we/us"), through the use of this Franchisee Closing Acknowledgement, desires clarify and confirm your understanding and acceptance of the terms of the agreements, to verify certain information about the sales process, and to confirm that we and our employees have complied with applicable franchise disclosure laws and have not authorized anything that may be untrue, inaccurate or misleading. We further desire to confirm that you fully understand that the purchase of a Deka Lash franchise is a business decision involving the evaluation of many risks. Our policy is to verify and confirm that in making your decision you are not relying upon any oral statement, representation, promise or assurance made during the negotiations for the purchase of a Deka Lash franchise by any of our directors, officers, employees, agents, or representatives (each, a "Representative") that is not specifically reported in our then-current Franchise Disclosure Document, including all of the exhibits attached to it (the "Franchise Disclosure Document"). Please review each of the following questions and statements and INITIAL ONLY IF YOU AGREE WITH SUCH. IF YOU DO NOT AGREE WITH THE FOLLOWING, DO NOT SIGN YOUR FRANCHISE AGREEMENT.
Source: Item 23 — RECEIPT (FDD pages 63–234)
What This Means (2024 FDD)
According to the 2024 Deka Lash Franchise Disclosure Document, a 'Representative' of Deka Lash, for the purposes of the Closing Acknowledgements, includes any of their directors, officers, employees, agents, or representatives.
The Closing Acknowledgements serve to verify that the franchisee understands and accepts the franchise terms, confirms information about the sales process, and acknowledges that Deka Lash has complied with franchise disclosure laws. It also confirms that the franchisee understands that buying a Deka Lash franchise is a business decision that involves risks.
Specifically, Deka Lash wants to confirm that the franchisee is not relying on any oral statement, representation, promise, or assurance made during negotiations by any of their 'Representatives' that is not specifically reported in the current Franchise Disclosure Document. This means that if a franchisee is considering purchasing a Deka Lash franchise, they should only rely on information contained within the FDD and any exhibits attached to it. If any director, officer, employee, agent, or representative of Deka Lash makes any claims or promises that are not included in the FDD, the franchisee should not rely on them.