How did John D. Rockefeller use trusts to avoid Ohio laws against horizontal integration?

A. In a trust, one company assigns its stock to another company.

B. In a trust, trustees assign their stock to separate companies.

C. In a trust, a board of trustees controls the stock of several companies.

D. In a trust, one company controls the stock of several other companies.

Question

History

Cory

6 November, 01:30

How did John D. Rockefeller use trusts to avoid Ohio laws against horizontal integration?

A. In a trust, one company assigns its stock to another company.

B. In a trust, trustees assign their stock to separate companies.

C. In a trust, a board of trustees controls the stock of several companies.

D. In a trust, one company controls the stock of several other companies.

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Answers (2)

Know the Answer?

Maxwell Morales · Answer 1

C. In a trust, a board of trustees controls the stock of several companies.

Explanation:

Rockefeller decreased the costs and increased profits by putting together firms that would otherwise be competing into one huge one, a trust.

Ernest Pham · Answer 2

in trust, a board of trustees controls the stock of several companies.