Which Statement About Trusts Is NOT Correct

question 173

Multiple Choice

Which statement about trusts is NOT correct?

• A) The problems associated with the trust form of business organization led to the development of the antitrust acts.
• B) Trusts developed after the Civil War.
• C) Trusts acted like monopolies.
• D) The first antitrust act was passed after World War II.

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Definitions:

Assumptive Close

A sales technique where the salesperson assumes that the customer has already decided to purchase and closes the sale under that assumption.

Urgency Close

A sales technique that creates a sense of urgency to encourage immediate buying decisions, often through limited-time offers or scarcity.

Decision Confirmation

The process by which individuals seek to validate their choices through additional information or feedback from others.

Trial Close

A sales technique where the seller proposes a closing question or statement to gauge the buyer's readiness to complete the purchase.