Which of the Following Progressive Reforms Amended the Sherman Act

question 30

Multiple Choice

Which of the following progressive reforms amended the Sherman Act to prevent trusts from curbing competition?

• A) Federal Reserve Act
• B) Clayton Antitrust Act
• C) Newlands Reclamation Act
• D) Pendleton Act

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Definitions:

Statute of Frauds

A legal provision requiring certain types of contracts to be written and signed to be enforceable.

Discharged Debt

A debt that has been fully paid off or legally settled, releasing the debtor from further obligations.

Bankruptcy

A legal process for individuals or businesses that cannot repay their outstanding debts, allowing them to be relieved of their debt obligations under the protection of law.

Industry Standards

Industry standards refer to the established norms and technical specifications followed by companies in a particular sector to ensure quality, safety, and interoperability.