Question 20 (5 points) Why might a business based on a fad be a good idea? C Fads bring in the most customers. O Some fads are longer lasting than expected. O Fads have made some business owners incredibly wealthy. C Fads can take a business in a new direction.Question 16 (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) O Franchise Disclosure Document (FDD) Franchise Debt Document (FDD) Franchise Facts Document (FFD) Question 17 (5 points) Micah has been working as a fitness trainer at a gym. He plans on opening a new gym of his own three blocks down the street. However, if he does this he will be in violation of the _ -_ he signed when he took the job, which prevents him from starting a gym within five miles of his employer. O taxpayer identification form 1099 form noncompete agreement O exclusive account agreement Question 18 (5 points) How can you know if it's a good time to start your business? If you feel excited about it O There's never a bad time to start a business. O When the economy is strong O When the financial pundits say things are improving Question 19 (5 points) What is one advantage of starting a business in hard times? You can find equipment and products at bargain prices. No one will envy you. You can set your sights low. O You're unlikely to succeed