Business corporations exist to make a profit. Indicate whether ...

[pepyto]

Business corporations exist to make a profit.
  Indicate whether the statement is true or false

Question 2

The Stonehurst Development, a planned community, stalled after the 2008 market collapse. The developer has been unable to build it out. The lots are filled with weeds and the private streets are in disrepair. The city of Bedford, where Stonehurst is located, has offered to take over care of the streets and provide city crews for clean-up of the lots if the developer will complete started homes and renew sales efforts. Which of the following is correct?
 A)A city cannot provide benefits to a private developer
 B)A city can provide benefits to developers where there is a public welfare issue
 C)A city cannot provide the benefits to a private developer without going through some kind of process for obtaining a benefit from the developer for the citizens
 D)The city's efforts are eminent domain

[trog]

Answer to Question 1

TRUE

Answer to Question 2

C

[pepyto]

TYSM

[shailee]

Thanks for the timely response, appreciate it