The ________ Act Was the First Antitrust Bill Created in Response

question 126

Multiple Choice

The ________ Act was the first antitrust bill created in response to the increase in concentration ratios in many leading U.S.industries,including steel,railroads,mining,textiles,and oil.

• A) Sherman Antitrust
• B) Fair Trade
• C) Steel Industry
• D) Citigroup Relief
• E) Sarbanes-Oxley

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Definitions:

Preferred Stock

A type of stock that provides dividends before common stock and has priority over common stock in the event of liquidation.

Annual Dividend

The total amount of dividends a company pays out to its shareholders in one fiscal year.

Par Value

The nominal or face value of a bond, share of stock, or other financial instrument as stated by the issuer.

Preferred Stock

A type of ownership in a corporation that has a higher claim on its assets and earnings than common stock, typically with dividends that must be paid out before dividends to common stockholders.