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Author Question: The city of Mesa has developed a street improvement plan that will add lanes to one of the major ... (Read 14 times)

jho37

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The city of Mesa has developed a street improvement plan that will add lanes to one of the major north/south corridors. Because of the addition of the lanes, businesses along the corridor will lose frontage. However, none of the businesses will be required to move. Which of the following statements is true?
 A) The city need not compensate the businesses since they will still remain intact.
 B) The city must compensate the businesses for taking.
 C) The city cannot take land for this purpose.
 D) The city can attach 0 value to the frontage.

Question 2

The Overseas Private Investment Corporation is an insurer against expropriation.
  Indicate whether the statement is true or false



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snackralk

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Answer to Question 1

B

Answer to Question 2

TRUE





 

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