The most franchise agreements?

Question

A)are for a limited number of years

B)require the public utility to pay A share of its profits

C)none of these

D)both a & b

Answer 1

D.

because of various franchise scandals laws were passed preventing franchise grants for longer than a set period of time.

public utilities pay a share of their annual profits to the city using various different methods (mainly on gross earnings or value of their stock)