Answer:
The correct answer is C: It consists of stories passed down orally.
Explanation:
Folklore refers to the stories, beliefs, and customs of a certain culture, which were passed down orally. Its main purpose was to transmit historical information about specific cultures in different formularized versions and variants, invented by an anonymous author.
Some of the folklore elements include stories about animals, magic creatures (e.g. fairies, monsters, etc.), gods and goddesses, the usage of magical numbers (3,7,9), typical places (forests, castles, cottages), etc.
