Firms in a Trust

question 94

Multiple Choice

Firms in a trust

• A) act as a single firm.
• B) act in their own self-interests.
• C) trust each other.
• D) do not allow a small number of trustees to make decisions for participating firms.

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Definitions:

Enslaved

Describes individuals who have been forced into slavery, experiencing loss of freedom and autonomy, and subjected to control and exploitation by others.

Middle Passage

The stage of the triangular trade in which millions of Africans were forcibly transported to the New World as part of the Atlantic slave trade.

White Sailors

Refers to naval personnel of European descent, which could highlight racial demographics within Navies, especially in historical contexts where racial segregation or discrimination was prevalent.

African Diseases

Refers to diseases that are prevalent or originate from Africa, many of which have significant impacts on public health and economies; examples include malaria, Ebola, and HIV/AIDS.