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Need help answering questions about Rockefeller and the Anti-trust laws 11. Which statement is correct about John D. Rockefeller as a young man: a. dropped

Need help answering questions about Rockefeller and the Anti-trust laws

11. Which statement is correct about John D. Rockefeller as a young man:

a. dropped out of school

b. refused to be given a raise as a bookkeeper

c. started his own brokerage company

d. All of the above is correct

12. Which statement is correct regarding the breaking up of Standard Oil in the biography of JD Rockefeller's life?

a. The breaking up of Standard Oil was not profitable for JD Rockefeller

The breaking up. of Standard Oil was a profitable event for his life

c. Most of the remnants of the break up of Standard Oil were never re-organized

In 1911, the U.S. Supreme Court held that Standard Oil was not guilty of anti-competitive practices

13. Which statement is correct regarding the change in fortune of JD Rockefeller's biography in 1859?

a. 1859 was the beginning of the oil rush in California

b. In 1859, gasoline cars had been invented

c. In 1859, Rockefeller bought oil that others found

d.In 1859, Rockefeller could make profit in digging for oil

14. Which statement is NOT a JD Rockefeller Rule of Success?

a. Work for money

b. Make money work for you

c. Do. not work for money

d. Do. not make money work for you

15. Which statement is correct regarding JD Rockefeller's 10 Rules of Success?

a. Anything can be achieved with time

b. Perseverance is not important

c. Perseverance does not bring passion

Perseverance does not ultimately. strengthen talent

16. Which statement is NOT one of JD Rockefeller's Rule of Success?

a. Wealth comes to you when you have benefitted others

b. Do not work for money

c. Your expenses never define you

d. Look for new ways

17. Which is a correct statement form JD Rockefeller's 10 Rules of Success?

a. Never Make your own decision regardless whether your well-being depends on it

b. Do not look for new ways to succeed

c. Make your own decisions because your well-being depends on it

d. Do nothing, which may not imply something good or bad may happen

18. In his biography, it is recounted that John D. Rockefeller's change of fortune occurred in 1859 because:

a. oil could be processed into kerosene

b. gasoline cars had not been invented yet

c. profit could be made in refining oil

d. all of the above

19. Which statement is correct regarding late 19th century trusts:

a. trusts were established to increase competition in the oil, coal and steel industry

b. trusts were established to reduce competition in the oil, coal and steel industry

c. trusts were not established for competition in the oil, coal and steel industry

d. trusts are not legally combined companies

20. Which statement is correct regarding late 19th century trusts?

a. Trusts are not legally combined companies

b. Trusts are legally combined companies

c. Standard Oil did not become a trust in the late 19th century.

d. Rockefeller was not the first late 19th century business person to establish a trust.

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