Generally franchises fall into one of three categories. Which of the following is correct?

Multiple Choice

In a chain$-$style business operation, the franchise operates under the franchisor's corporate name and is required to follow the franchisor's standards and methods of business operation.

n a chain$-$style business operation, the franchise operates under the franchisor's brand name and is required to follow the franchisor's standards and methods of business operations.

n a chain$-$style business operation, the franchise operates under the franchisor's business name and is required to follow the franchisor's standards and methods of business operation.

n a chain$-$style business operation, the franchise operates under the franchisor's business name and is not required to follow the franchisor's standards and methods of business operation.