To whom should a material omission in the Gokhale Method Disclosure Document be reported?
Gokhale_Method Franchise · 2024 FDDAnswer 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". Gokhale Method Institute, Inc.'s registered agent authorized to receive service of process is Esther Gokhale, Gokhale Method Institute, Inc., 3790 El Camino Real, #1033, Palo Alto, CA 94306.
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 material omission, it should be reported to the Federal Trade Commission (FTC) in Washington, D.C., 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 channels available to report any discrepancies or inaccuracies in the disclosure document. The FTC is the federal agency responsible for enforcing franchise laws, and state agencies oversee franchise operations within their respective states. Exhibit H should list the relevant state agencies to contact.
For a prospective Gokhale Method franchisee, this means carefully reviewing the FDD and its exhibits. If any information seems to be missing or misrepresented, it is important to report it to the FTC and the relevant state agency. This helps maintain transparency and compliance within the franchise system and protects the interests of potential franchisees.