Help i'll give u a medal Which term refers to a form of monopoly in which the same people own and run many different companies in one industry? A. enterprise B. corporation C. trust D. multinational
thx
None of the above - Although I imagine your teacher wants you to answer "trust" - A trust company is a legal entity that acts as fiduciary, agent or trustee on behalf of a person or business entity for the purpose of administration, management and the eventual transfer of assets to a beneficial party. The entity acts as a custodian for trusts, estates, custodial arrangements, asset management, stock transfer, beneficial ownership registration and other related arrangements. A trust company does not own the assets its customers assign to its management, but it may assume some legal obligation to take care of assets on behalf of other parties.
I think the answer is C.trust
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