All categories

3 years ago

What is the purpose of the sherman antitrust act

Business

2 answers:

tamaranim1 [39]3 years ago

7 0

To destory monopolies that were using their power to harm society.

DaniilM [7]3 years ago

5 0

Answer:

The Sherman Act is the first antitrust law in the United States to proclaim a crime to prevent the freedom of trade by creating a trust and conspire with such a purpose. The act obliged federal prosecutors to prosecute such criminal associations and imposed fines, confiscations, and prison sentences of up to 10 years.

Sherman’s act was not directed against trusts as such, but against obvious restrictions on freedom of trade (both between US states and international) - including, personally, against John Rockefeller and his Standard Oil.

You might be interested in

Nathan would like to become a doctor but needs help financing his education. Which option could allow Nathan to achieve his goal

scZoUnD [109]

A enlist in the military. If you enlist in the US military they will cover the costs of your education

4 0

2 years ago

Read 2 more answers

Satisfaction is one of the first and most crucial steps of the staircase of motivation because motivation provides comfort to in

babunello [35]

Answer:

True

Explanation:

Satisfaction on the job has to do with achieving one's set out personal goals and also attaining growth over time in the job. To achieve this, the manager has a role to play also because the function he performs to motivate the Employees will determine if they are satisfied or not, the manager can help each employee attain growth in their chosen path by helping down through the ladder with task that are related to thier field hence giving them a form of satisfaction on the job and also reward for extraordinary performance by the manager tends to motivate the Employee to want to do more.

Fulfilment on the job is dependent on how much of much set out task individuals are able to accomplish and in the bigger picture, rhe manager comes into the center stage.

8 0

3 years ago

Adong's Fishing Products is analyzing the performance of its cash management. On average, the firm holds inventory for 65 days,

tatuchka [14]

Answer:

A. $45

B. $80

C. $8,167

Explanation:

(a) Calculation to determine the firm's cash conversion cycle

Cash conversion cycle=$65 +$15 – $35

Cash conversion cycle=$45

Therefore the firm's cash conversion cycle is $45

(b) Calculation to determine the firm's operating cycle

Operating cycle =$65 +$15

Operating cycle=$80

Therefore the firm's operating cycle is $80

(c) Calculation to determine the daily expenditure and the firm's annual savings if the operating cycle is reduced by 15 days

First step is to calculate the Daily expenditure

Daily expenditure =$1,960,000/360

Daily expenditure=$5,444.44

Now let determine the Annual savings

Annual savings =$5,444.44 *15*0.10

Annual savings=$8,167

Therefore the daily expenditure and the firm's annual savings if the operating cycle is reduced by 15 days will be $8,167

5 0

2 years ago

Which early farming tool removed the stalk and the grain from a husk of wheat? sickle scythe thresher mouldboard plow

tankabanditka [31]

A sickle because it was used during the Industrial Revolution

8 0

3 years ago

Read 2 more answers

As part of his 401(k) retirement plan at work, Ken Lowery invests 6.0 percent of his salary each month in the Capital Investment

Gnesinka [82]

Answer:

The amount of the fee is $1689.60

Explanation:

The computation of the amount of the fee is shown below:

= Dollar value × fund charges a 12b-1 fee

= $211,200 × 0.8%

= $211,200 × 0.008

= $1689.60

Since the question has asked the fee amount so we consider the fee charges percentage, not the capital investment Lifecycle fund. Thus, we ignore the Capital Investments Lifecycle Fund as it is not relevant.

Hence, the amount of the fee is $1689.60

8 0

3 years ago