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Trusts allow businesses to control an entire industry without violating laws that outlaw monopolies.

True

False

User JohnBee
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1 Answer

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17 votes

Answer:

False

Step-by-step explanation:

A Trustee has authority to manage a beneficiary's interest in a certain business. Trusts are the organization of multiple businesses in the same industry and they join forces to control production and distribution of a product or service.

Monopolies are businesses that have total control over a sector of the economy.

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User Slonski
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