The Webb-Pomerene Act of 1918 Made It Possible for American

question 27

Multiple Choice

The Webb-Pomerene Act of 1918 made it possible for American business firms to join forces in export activities without being subject to which of the following acts?

• A) The Sherman Antitrust Act.
• B) The Federal Communications Act.
• C) The Trade Commission Act.
• D) The Food, Drug, and Cosmetics Act.
• E) The Robinson-Patman Act.

---

Definitions:

Public Corporation

A Public Corporation is a company that has issued securities through an initial public offering and is traded on at least one stock exchange or in the over-the-counter market.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, often referred to as shareholders' equity or owners' equity.

Public Markets

Marketplaces that are open to the public where securities, commodities, and other financial instruments are traded.

Market Value

The contemporary pricing for transactions involving assets or services on the market.