factual

Does the Gokhale Method franchise agreement require compliance with anti-terrorism laws?

Gokhale_Method Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 17.3.

Compliance With Anti-Terrorism Laws.

You acknowledge that under applicable U.S. law, including, without limitation, Executive Order 13224, signed on September 23, 2001 (the "Executive Order"), we are prohibited from engaging in any transaction with any person engaged in, or with a person aiding any person engaged in, acts of terrorism, as defined in the Executive Order.

Source: Item 22 — CONTRACTS (FDD page 34)

What This Means (2024 FDD)

According to the 2024 Gokhale Method Franchise Disclosure Document, franchisees must comply with anti-terrorism laws. The franchise agreement states that under applicable U.S. law, including Executive Order 13224 signed on September 23, 2001, Gokhale Method is prohibited from engaging in any transaction with any person engaged in, or with a person aiding any person engaged in, acts of terrorism, as defined in the Executive Order.

This means that as a Gokhale Method franchisee, you must ensure that you do not conduct business with individuals or entities involved in terrorism. This obligation is rooted in U.S. law and the Executive Order, reflecting the franchisor's commitment to adhering to legal requirements and preventing any association with terrorism.

Compliance with these laws is a standard requirement in many franchise agreements to ensure that the franchise system does not inadvertently support or enable illegal activities. Franchisees should implement due diligence procedures to verify that their business operations and transactions align with these regulations.

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.