What is the purpose of including a 'Printed Name' field in the Zoomin Groomin Personal Guaranty?
Zoomin_Groomin Franchise · 2025 FDDAnswer from 2025 FDD Document
| Guarantor 2(Signature) | Printed Name | Date | |
|---|---|---|---|
| Guarantor 1(Signature) | Printed Name | Date | |
| Electronic signatures will be deemed valid Use of an electronic signature will be National Commerce Act ("E-Sign Act"), Uniform Electronic Transaction Act signifies the intent to be bound to the terms space provided below. | having the same legal as if it were consistent with the Electronic Title 15, United States Code, Sections ("UETA") and any applicable state of this Guaranty by affixing | physically executed. Signatures in Global and 7001 et seq., the law. Each Guarantor their signatures in the |
Source: Item 9 — 01. Financial Statements and Exhibits. (FDD pages 68–156)
What This Means (2025 FDD)
According to the 2025 Zoomin Groomin Franchise Disclosure Document, the Personal Guaranty includes fields for both a signature and a printed name to ensure clarity and legal enforceability. The 'Printed Name' field serves to clearly identify the individual signing the document, reducing ambiguity about who is providing the guarantee. This is especially important because signatures can sometimes be illegible or misinterpreted. By requiring a printed name, Zoomin Groomin aims to avoid potential disputes regarding the identity of the guarantor.
The inclusion of both a signature and printed name is a standard practice in legal documents, including franchise agreements and personal guarantees. It provides an additional layer of verification and helps to establish a clear record of who is bound by the agreement. This practice is intended to protect both Zoomin Groomin and the guarantor by ensuring that there is no confusion about the guarantor's identity.
Furthermore, the document specifies that electronic signatures are considered valid, provided they comply with the Electronic Signatures in Global and National Commerce Act and the Uniform Electronic Transactions Act. This means that whether the guarantor signs physically or electronically, including a printed name helps to solidify the identification of the person providing the guarantee, making the agreement more robust and legally defensible for Zoomin Groomin.