A trust is defined as a ________

A) policy that is based solely on the goal of economic efficiency or the maximization of consumer welfare
B) business arrangement in which owners of stocks in several companies place their securities with trustees, who jointly manage the companies and pay the owners a specific share of their earnings
C) policy that is based on the desirability of preserving competition to prevent the accumulation of economic and political power, the dislocation of labor, and market inefficiency
D) business arrangement in which owners of stocks in several companies place their securities in an account that stores earnings


B

Business

You might also like to view...

Variables that measure the effect of the independent variables on the test units are called dependent variables

Indicate whether the statement is true or false

Business

Describe the fixed asset turnover ratio

Business

If an investment is liquid, it can be sold ________

A) quickly B) anonymously C) only on "rainy" days D) through a full-service broker

Business

Addison White is an event planner who specializes in family reunions. He creates situations in which family members can visit, share memories and get to know each other more intimately. He may rent the family a large house in the mountains or schedule them for a picnic in a national forest. White relies on ________ behavior to make the reunions a success.

A. Holistic B. Cognitive C. Avoidance D. Social interaction E. Ergonomic

Business