The corporation, as a form of business organization, fueled the positive trend toward federal regulation of business activities for all of the following reasons except
(a) Corporations were rapidly becoming more numerous than sole proprietorships and partnerships.
(b) Corporations made possible or encouraged growth in the number of giant enterprises.
(c) Corporations were adept at market manipulations, including price-fixing.
(d) Corporations were able to take advantage of economies of scale which made possible business organizations whose affairs overlapped local or state jurisdictions, creating the need for federal control across state lines.
(a)
You might also like to view...
Don's Pasture Apple Cider Company buys four inputs: apples, glass bottles, apple presses, and computers for record keeping. If the company decides to become more vertically integrated, it will
a. probably start growing apples next b. probably start making glass bottles next c. probably start making apple presses next d. probably start making computers next e. have to grow apples and make glass bottles, apple presses, and computers
The reserves kept as cash in the vault of a commercial bank are considered its assets
a. True b. False Indicate whether the statement is true or false