Question

Which of the following is an example of a trust?

an oil company which buys out its suppliers

a group of railroad companies run by one management

a steel company that takes over its competitors

a transport company that agreed on rates with its competitors

Answer 1

D. a transport company that agreed on rates with its competitors

Answer 2

can you explain the trust

Answer 3

what was it exactly

Answer 4

sure!

Answer 5

A trust is confidence placed in a person by making that person the nominal owner of property to be held or used for the benefit of one or more others.

Answer 6

thank you!

Answer 7

No prob! But it was really Silver who explained it :P Once he found the answer, it was easier to explain!

Answer 8

lol, I'm a SHE XP

Answer 9

She* I apologize

Answer 10

D is actually incorrect