Question

Question 3 (8 points)

How did a pool differ from a trust? (8 points)
a
Pools were larger than trusts.
b
A trust limited competition, but a pool did not.
ос
Only vertically integrated companies formed pools.
d
Pools were made of independent companies, but a trust was not.

Answer 1

The correct answer is D. Pools were made of independent companies, but trust was not.

Step-by-step explanation

Pool and Trust are two terms used in the business world to refer to the relationships between the companies of a specific business. The term pool refers to the agreements made by several companies to avoid unfair or unequal competition between them and to control the market for a product among all while maintaining their autonomy. On the other hand, the term trust refers to the union or agreements that establish companies to work as one to control a market. According to the above, the correct answer is D. Pools were made of independent companies, but trust was not.