The First Important Law Regulating Monopolies in the United States

question 101

Multiple Choice

The first important law regulating monopolies in the United States was

• A)the Grant Act, which was passed in 1890.
• B)the Clayton Act, which was passed in 1890.
• C)the Sherman Act, which was passed in 1890.
• D)the Federal Trade Commission Act, which was passed in 1914.

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Definitions:

Assertiveness

The characteristic of possessing confidence and assertiveness without aggressiveness, while honoring others' rights and beliefs.

Ethics Competency

The ability to understand, develop, and apply ethical principles and standards in professional settings.

Ruben Vardanian

A prominent businessman and philanthropist, known for his contributions to the financial and educational sectors.

Trustful Behavior

Actions that demonstrate reliability and sincerity, fostering an environment of trust among individuals.