What Is the Difference Between a Public Franchise and a Public

question 275

Multiple Choice

What is the difference between a public franchise and a public enterprise?

• A)A public franchise grants a firm the right to be the sole legal provider of a good or service. A public enterprise refers to a service that is provided directly to consumers through the government.
• B)A public enterprise grants a firm the right to be the sole legal provider of a good or service. A public franchise refers to a service that is provided directly to consumers through the government.
• C)A public enterprise is owned by the public through its holdings of shares of stock in the enterprise. A public franchise is a firm owned by the government.
• D)Both refer to a service provided directly to consumers through the government, but "public franchise" is a term more commonly used in the United States while "public enterprise" is more commonly used in European countries.

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Definitions:

Political Party

An organized group of people with at least roughly similar political aims and opinions, that seeks to influence public policy by getting its candidates elected.

Salvation Army

A charitable organization that provides social services, including disaster relief, rehabilitation centers, and thrift stores, to those in need across the globe.

Medical Expenses

Costs incurred for the diagnosis, cure, treatment, or prevention of disease, which may be deductible under certain conditions.

Maternity Clothes

Specialized apparel designed to accommodate a woman's body during pregnancy for comfort and style.