factual

To whom should a false or misleading statement in the Gokhale Method Disclosure Document be reported?

Gokhale_Method Franchise · 2024 FDD

Answer from 2024 FDD Document

If Gokhale Method Institute, Inc. 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 appropriate state agency listed in Exhibit "H".

Source: Item 22 — CONTRACTS (FDD page 34)

What This Means (2024 FDD)

According to the 2024 Gokhale Method Franchise Disclosure Document, if the document contains a false or misleading statement, or a material omission, it may constitute a violation of federal and state law. In such cases, the violation should be reported to the Federal Trade Commission (FTC) in Washington, D.C. 20580, and to the appropriate state agency listed in Exhibit "H" of the FDD.

This instruction is included to ensure that prospective franchisees are aware of their rights and the legal avenues available to them if they encounter discrepancies or inaccuracies in the disclosure document. The FTC is the primary federal agency responsible for enforcing franchise laws and protecting consumers from deceptive business practices. State agencies also play a role in regulating franchises within their respective jurisdictions.

Exhibit H, as referenced, should contain a comprehensive list of the relevant state agencies to which such violations should be reported. It is important for potential Gokhale Method franchisees to carefully review Exhibit H and understand the specific reporting requirements and contact information for their state. This ensures they can take appropriate action if they believe the FDD contains false or misleading information.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.