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
Than you :) Explanations would be great too!

Answer 1

i think a transport company that agreed on rates with its competitors.
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 2

yah@ nurali is right

Answer 3

a transport company that agreed on rates with its competitors