This document outlines the common character archetypes found in folktales, including the hero who reacts to challenges and marries the princess, the villain who opposes the hero, the helper who aids the hero, and the false hero who takes credit for the hero's deeds. It also mentions the princess as the hero's reward, her father who assigns tasks or identifies imposters, and the donor character who equips the hero. These archetypes provide the basic elements of folktales and hero stories.