Question

if you think carefully about what youre doing, always ask for advice when you need it, and keep asking questions, starting a business can be

a headache.
too much effort.
a calculated risk.
a foolish risk.

question 10 (5 points)
all franchises must provide potential franchises their _____ 10 days before an agreement is signed. this document contains extensive information about the company.

federal disclosure document (fdd)
franchise disclosure document (fdd)
franchise debt document (fdd)
franchise facts document (ffd)

question 11 (5 points)
purchasing a franchise can be a good way to

become involved in a business that you can then customize.
start a business with no risk.
transition to becoming an entrepreneur in a supportive environment.
learn a business and then copy it.

Explanation:

Analyze the first question on business risk

The prompt describes a careful, advised, and inquisitive approach to starting a business. This systematic approach minimizes unnecessary danger, turning the venture into a calculated risk rather than a foolish one or a mere headache.

Analyze Question 10 on franchise disclosure

The legal document that franchisors must provide to prospective franchisees at least 14 days (often referred to in general business contexts as 10 business days or 14 days under FTC rules) before signing is the Franchise Disclosure Document (FDD).

Analyze Question 11 on purchasing a franchise

Purchasing a franchise provides a pre-established business model, training, and brand recognition. This structured support system allows an individual to transition into entrepreneurship within a highly supportive environment.

Answer:

Question 1

• (A) a headache.
• (B) too much effort.
• (C) a calculated risk. (Correct answer)
• (D) a foolish risk.

Question 10

• (A) Federal Disclosure Document (FDD)
• (B) Franchise Disclosure Document (FDD) (Correct answer)
• (C) Franchise Debt Document (FDD)
• (D) Franchise Facts Document (FFD)

Question 11

• (A) become involved in a business that you can then customize.
• (B) start a business with no risk.
• (C) transition to becoming an entrepreneur in a supportive environment. (Correct answer)
• (D) learn a business and then copy it.