1. The most common source of initial start up capital for a new business is a bank

True or false

2. The major risk in franchising your business is another country are quality control, brand risk and product or service changes that alter the core product or service

True or false

3. Typically franchises are required to contribute to advertising and other cost pools, but do not purchase core supplies from the franchisor due to anti trust laws

True or false

4. Developing a profit sanctuary in another country implies enjoying large profits in another country but not necessarily having a protected market position

True or false