Sentences with phrase «franchise disclosure document»

We have drafted and updated dozens of franchise disclosure documents (under the old UFOC format and the FTC's current FDD format) and obtained state franchise registrations and exemptions in every state.

A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document.

Read the franchise disclosure document carefully, and then read it again.

No offer or sale of a restaurant will be made except by a franchise disclosure document first filled and registered with applicable state authorities.

Franchisors are required to supply a franchise disclosure document, which contains information on the backgrounds of the executives involved in the franchise company and other information.

Certain states require that we register the franchise disclosure document in those states.

Moreover, we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption from registration) and delivered the franchise disclosure document to the prospective franchisee that complies with applicable law.

A franchisor needs to hire attorneys to help draw up a franchise disclosure document and a franchise agreement, both required by the Federal Trade Commission.

The offer of a franchise can only be made through the delivery of a franchise disclosure document.

Pay close attention to the franchise disclosure document and whether other franchisees are working with the same terms.

Frith says it's becoming increasingly challenging to comply with the franchise legislation in Ontario and have confidence a franchise disclosure document is compliant.

A franchise disclosure document may not be considered as a «Disclosure Document» under the Act and the Regulation if it fails to contain key requirements under the Act and Regulations.

The answer to whether a franchisee is entitled to get out of a franchise agreement broadly depends on one or both of the following conditions: whether either party broke the franchise agreement, or, where required under provincial law, whether the franchisor failed to deliver a franchise disclosure document.

MGDC and its affiliates claimed that their arrangement with Authentic Brands Group LLC was itself a «franchise agreement» under Ontario's Arthur Wishart Act (Franchise Disclosure), 2000, and that they were entitled to a rescission (cancellation) of the arrangement because they had not been provided with a franchise disclosure document.

A rescission cancels all franchise contracts on the basis that the franchisor failed to deliver a franchise disclosure document.

That sort of shared liability, if the case ends up with defeat for GM, could be a concern for larger companies seeking to do business in Canada, given that a non-Canadian parent is not even a party to franchise disclosure documents.

First, in the analysis of whether a franchisor is exempt from providing a franchise disclosure document in a renewal, the court needs evidence, and it must be conclusive, about the material differences between the original and then - current franchise agreements and their factual context.

New York City partner and leader of the firm's Franchise & Distribution practice Craig Tractenberg authored this column on how the diligence process differs for franchisors and the role of the franchise disclosure document.

For instance, if a franchisee alleges that earnings projections contained in a franchise disclosure document are misleading, such a claim may better fit within a claim for misrepresentation rather than a claim for rescission, because it more closely relates to the issue of misleading information rather than omitting material fact disclosure (this is assuming the necessary prescribed information about the earnings projections is properly contained in the disclosure document).

A franchise is offered in many jurisdictions only by delivery of a franchise disclosure document to you in compliance with applicable franchise sales laws.

Franchises are offered only by a franchise disclosure document presented by EXIT Realty Florida.

Certain states require that we register the franchise disclosure document in those states before offering and selling a franchise in that jurisdiction.

Moreover, we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption from registration) and delivered the franchise disclosure document to the prospective franchisee in compliance with law.

Offers of franchises may only be made by delivery of a franchise disclosure document (prospectus), and in certain states the franchise disclosure document must first have been registered with the state agency that regulates the offers and sales of franchises.