Which of the Following Best States the Main Criticism of the Sherman

question 50

Multiple Choice

Which of the following best states the main criticism of the Sherman Act?

• A)It was overly harsh.
• B)It was unnecessary at the time.
• C)It was too vague.
• D)It duplicated existing law.
• E)It came too late in the Industrial Revolution.

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Definitions:

Derivative Suit

A lawsuit brought by a company shareholder on behalf of the corporation against a third party, often the company's executives or directors, for allegedly harming the company.

RMBCA

The Revised Model Business Corporation Act, a set of model laws prepared by the American Bar Association to provide a standard for the governance of business corporations in the United States.

Fundamental Changes

Significant alterations in the operations, structure, or activities of an organization or system that have a profound effect on its function.

Charter Amendments

Changes or modifications made to a corporation’s charter or articles of incorporation, typically requiring approval from shareholders and/or regulatory authorities.