Which of the following is false regarding the Federal Trade Commission's regulation of franchisors?

The FTC regulations are primarily designed to ensure at least partial disclosure of information relating to a franchise company after a franchisee

investment.

The regulations primarily focus on mandatory disclosures about the financial condition of the franchise, success rates, and other important informa$-$

tion used by potential franchisees.

The disclosure process almost always requires the counsel of an attorney skilled in franchise law.

The disclosure process is lengthy and complex.