1) The document discusses the characteristics of fairy tales. It provides a survey of 10 friends' favorite fairy tales, with Cinderella, The Three Little Pigs, and Beauty and the Beast being the most popular. 2) Fairy tales typically have a special beginning like "Once upon a time" and ending like "and they lived happily ever after." They also contrast good and bad characters and often include elements of magic. 3) Magic is commonly featured in fairy tales through talking animals, magical creatures, flying abilities, and powers like potions or spells.