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AlladinOne [14]
3 years ago
15

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
Poskey Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following
MrRa [10]

Answer:

\left[\begin{array}{cccccc}&Cost&Assembly&Setting Up&Other&Total\\wages&349,000&226,850&69,800&52,350&349,000\\Depreciation&290,000&101,500&58,000&130,500&290,000&Utilities&199,000&29,850&149,250&19,900&199,000&Total&838,000&358,200&277,050&202,750&838,000&\end{array}\right]

Explanation:

We mulitply each line by the stated percent of each activity

<u>for example</u>

Setting Up % x Utilities= Utilities cost assigned to setting up

199,000x 75% = 149,250

Assembly % Depreciation= Depreciation cost assigned to assembly

35% x 290,000 = 101,500

This process must be done to assign each portion of cost.

6 0
3 years ago
Under the principles of agency law, any sale of goods by a salesperson in a store to a customer can be binding on the owner of t
NeX [460]

Answer: True

Explanation:

Under Agency Law in relation to employment, the salesperson is acting as an agent of the owner of the store and as such is their representative. As their representative, it is assumed that whatever they are selling is from the Owner whom they represent and as such can be binding on the owner.

This is why the Agent must act in the best interest of the owner because the owner could be held negligent for the actions of their agents. For instance, a salesperson will not be sued for a faulty equipment that caused harm but the store can.

4 0
2 years ago
For for computation of pre-incorporation profit salary to vendor
Leokris [45]

Interest on purchase consideration, the salary of partners, and interest on vendor capital are to be charged during the pre-incorporation period.

8 0
2 years ago
Maria, a banking executive, gives a job candidate a detailed interview​ and a walking tour of the facility. By sharing her time
Elis [28]

Answer:

Yes

Explanation:

Maria is giving a non-verbal message for his possible selection for the job by allowing him a tour of the facility and taking a detailed interview.

3 0
3 years ago
When interest rates on treasury bills and other financial assets are low, the opportunity cost of holding money is _________, so
o-na [289]

When interest rates on treasury bills and other financial assets are low, the opportunity cost of holding money is <u>low </u>so the quantity of money demanded will be <u>high</u>.

If interest rates go up, the demand for money will go down. Once it equals the new money supply, there will be no more difference between how much money people are holding and how much they want to keep, and the story is over. This is why (and how) a decline in the money supply raises interest rates.

As interest rates rise, the amount of money demanded decreases because the opportunity cost of holding money decreases. As interest rates rise, aggregate demand shifts to the left. The interest rate effect arises from the idea that higher price levels reduce the real value of household holdings.

Learn more about interest rates here: brainly.com/question/1115815

#SPJ4

7 0
1 year ago
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