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

Jermaine Burnett

19 August, 13:46

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?

Jaydon Snyder · Answer 1

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

Rohan Johnston · Answer 2

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.