Question
Why were antitrust laws like the Sherman Antitrust Act ineffective at first?
Group of answer choices
It restricted interstate trade
Lawmakers did not support it
Because it did not define what a trust was
It favored big businesses
Flag question: Question 3
Question 31 pts
Who runs the day-to-day operations of a corporation?
Group of answer choices
Board of Directors
Employees
labor unions
Stockholders
Group of answer choices
It restricted interstate trade
Lawmakers did not support it
Because it did not define what a trust was
It favored big businesses
Flag question: Question 3
Question 31 pts
Who runs the day-to-day operations of a corporation?
Group of answer choices
Board of Directors
Employees
labor unions
Stockholders
Answers
GPT-4o mini
To address your first question on why antitrust laws like the Sherman Antitrust Act were ineffective at first, the correct choice would be:
**Because it did not define what a trust was.**
Initially, the Sherman Antitrust Act was vague and did not clearly define terms such as "trust," which made it challenging to enforce the law effectively.
For your second question regarding who runs the day-to-day operations of a corporation, the correct answer is:
**Employees.**
While the Board of Directors provides oversight and strategic direction, it's the employees (often led by management) who handle the actual daily operations of the corporation.
**Because it did not define what a trust was.**
Initially, the Sherman Antitrust Act was vague and did not clearly define terms such as "trust," which made it challenging to enforce the law effectively.
For your second question regarding who runs the day-to-day operations of a corporation, the correct answer is:
**Employees.**
While the Board of Directors provides oversight and strategic direction, it's the employees (often led by management) who handle the actual daily operations of the corporation.