A _________ is an agreement under which stockholders of several formerly-competing companies turn over their shares to a group that exercises voting control over the companies.

Question

Quizplus · Accepted Answer

A trust is an arrangement where stockholders of different companies hand over their shares to a central group, which then has the power to control the decisions and operations of these companies, effectively reducing competition among them.

A _________ Is an Agreement Under Which Stockholders of Several