The Petroleum Marketing Practices Act gives gas station __________ the opportunity to continue in business by purchasing the entire premises used in selling motor fuel when the franchisor decides to sell the property and not renew a lease.
A) franchisees
B) licensors
C) joint venturers
D) partners

Question

Quizplus · Accepted Answer

The Petroleum Marketing Practices Act gives franchisees (gas station owners who operate under the brand name and system of a franchisor) the opportunity to continue in business by purchasing the entire premises used in selling motor fuel when the franchisor decides to sell the property and not renew a lease. The other answer choices (licensors, joint venturers, and partners) do not typically apply to gas station ownership or the Petroleum Marketing Practices Act.

The Petroleum Marketing Practices Act Gives Gas Station __________ the Opportunity