Does Fly Fitness require parties to consent to doing business electronically?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
- 11.10 Consent to Do Business Electronically. The parties to this Agreement hereby consent to do business electronically. Pursuant to the Uniform Electronic Transactions Act as adopted by the State of Nebraska, the parties hereby affirm to each other that they agree with the terms of this Agreement, and by attaching their signature electronically to this Agreement, they are executing the document and intending to attach their electronic signature to it. Furthermore, the parties acknowledge that the other parties to this Agreement can rely on an electronic signature as the respective party's signature.
Source: Item 23 — RECEIPT (FDD pages 45–182)
What This Means (2024 FDD)
According to Fly Fitness's 2024 Franchise Disclosure Document, the parties to the agreement consent to conduct business electronically. The document states that, under the Uniform Electronic Transactions Act as adopted by the State of Nebraska, all parties affirm their agreement to the terms outlined and acknowledge that affixing their electronic signature constitutes execution of the document. Furthermore, all parties acknowledge that other parties to the agreement can rely on an electronic signature as the respective party's signature.
This clause ensures that Fly Fitness and the franchisee agree to use electronic means for various business interactions, enhancing efficiency and potentially reducing administrative burdens. It confirms the legal validity of electronic signatures and records, aligning with contemporary business practices.
For a prospective Fly Fitness franchisee, this means that agreements, notices, and other business-related documents can be legally signed and exchanged electronically. This can streamline processes such as initial agreement execution, ongoing communication, and document management, provided that both parties adhere to the standards set forth by the Uniform Electronic Transactions Act.