12.
which of the following is an example of a trust? (3 points)

an oil company which buys out its suppliers

a group of railroad companies run by one management

a steel company that takes over its competitors

a transport company that agreed on rates with its competitors

A Trust is a group of companies in a particular market cooperating with one another as a group of corporations or as a corporation.

For this reason, the only alternative that relates to that description is alternative B) "A group of railroad companies run by one management"

This is a trust because there is a group of companies working together as a corporation under one management.

protect u.s. businesses from competition