Denied capital for modernization,
the rail passenger business has not presented the public with an appealing alternative to private automobile transportationa.
the rail passenger business has not
presented the public with an appealing alternative to private automobile transportation (Denied Capital is modifying the rail passenger business)
b.
the public has not been presented with an appealing alternative to private automobile transportation by the rail passenger business
c.
an appealing alternative to private automobiles has not been presented to the public by the rail passenger business
d.
the rail passenger business has
not been presenting the public with an appealing alternative to transportation by means of private automobiles
e.
private automobile transportation has not had an alternative presented by the rail transportation business that appeals to the public.
Denied Capital is modifying the rail passenger business, That means Capital is been denied to rail passenger business,
not public, alternative, or private transportation.
Therefore, B, C, and E are wrong.
not been presenting is a continuous action.
While the Sentence is meant to depict a done(Past) Action.
D is Wrong.
A is correct