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What is a trust? a large company that consists of two merged businesses multiple businesses that combine and operate in one state a business that buys another business a large company or combined businesses that control a specific market

User Agey
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2 Answers

2 votes

Answer:

d

Step-by-step explanation:

User Reuel
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4 votes

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Answer:

D). A large company or combined businesses that control a specific market

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A trust is D). a large company or combined businesses that control a specific market.

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Step-by-step explanation:

The reason why this would be your answer is because a trust is a company or a group of companies that control a specific business in the market place, and the different companies cooperate with each other to be successful in the market. Answer choice D clearly describes companies that are cooperating in a specific market. The words "large company," "combined businesses," or "specific market" gives you a hint to your answer. Companies that are in a trust control a specific market together. Companies that trust with each other if they're part of a different market. For example, Samsung can't trust with Food4Less because they're not in the same market, Samsung markets in electronics, while Food4Less markets in food or produce. It doesn't say any necessary details that don't apply to a trust between businesses.

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Why the other answer choices are wrong:

A). a large company that consists of two merged businesses is INCORRECT because a trust could have more than 2 businesses that are cooperating together. There is no maximum amount of businesses to trust.

B). multiple businesses that combine and operate in one state is INCORRECT because different businesses don't need to be in the same state in order to be a trust. There are businesses in the world that are cooperating together internationally. Businesses could be thousands of miles apart, but still could trust.

C). a business that buys another business is INCORRECT because if a business buys another business, that is not being a trust. There is no form of cooperation in buying a business, the business that bought the other business is technically in control of that business.

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User Bluedream
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