Asked by
Shoaib Ansari
on Oct 12, 2024
Verified
Which of the following were descendants of the Standard Oil Trust?
A) Exxon
B) Mobil
C) Marathon Oil
D) Chevron
E) All of the choices were descendants of the Standard Oil Trust.
Standard Oil Trust
A conglomerate of interconnected oil companies controlled by John D. Rockefeller in the late 19th and early 20th centuries, known for its monopolistic practices.
Exxon
An American multinational oil and gas corporation, one of the world's largest publicly traded energy providers and chemical manufacturers.
Mobil
An American oil company now merged with Exxon to form ExxonMobil, one of the world's largest publicly traded international oil and gas companies.
- Distinguish major legal battles concerning antitrust issues and their effects on corporate standards.
Verified Answer
ML
Learning Objectives
- Distinguish major legal battles concerning antitrust issues and their effects on corporate standards.