Question $2(1\mathrm{.}25$ points$)$

Franchisors generally find it more challenging to build a large customer base.

True

False

Question $3(1\mathrm{.}25$ points$)$

Sole proprietorship is the most common form of business ownership.

True

False

Question $4(1\mathrm{.}25$ points$)$

Lucia is a chief financial officer in a large corporation. Her responsibilities include the full financial authority to make appropriations and authorize expenditures. Lucia is likely to be a member of management.