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What three parties are usually involved in the establishment of trusts?
the trustor, who is the party creating the trust and also maybe known as the settlor, grantor, or donor. Second is the beneficiary for whose benefit the trust is established. Finally, the third party is the trustee, who is responsible for the management
How does President Roosevelt felt about trusts?
President Theodore Roosevelt viewed trusts, or large corporate monopolies, with a mix of skepticism and pragmatism. He believed that while some trusts could promote efficiency and innovation, many were creating unfair competition and exploiting consumers. As a result, he championed the regulation of these trusts through antitrust measures, most notably with the Sherman Antitrust Act, to ensure fair competition and protect the public interest. Roosevelt's approach was to distinguish between "good" trusts that benefited society and "bad" trusts that harmed it.
What were the arguments for and against trusts?
8===================D
The goal of the sherman antitrust act was to?
to prevent monopolies by big corporations or trusts-study island-
What is an insurrection?
An armed uprising, or revolt against an established civil or political authority; usually a derogatory term.
Why are individual trusts often established?
Individual trusts are often established for individuals with lack of business experience, people in poor health, absentee property holders, the elderly, and persons traveling or residing in foreign countries
What does the term asset protection trusts refer to?
The term "Asset Protection Trusts" refers to trusts that are to provide funds that are held on a discretionary basis. These trusts are usually set up to avoid taxation and bankruptcy.
What is A loose association of business that make the same product?
It's a cartel. Cartels were usually formed in secret. and were basically a way to form trusts legally. (For trusts were illegal.)
What three parties are usually involved in the establishment of trusts?
the trustor, who is the party creating the trust and also maybe known as the settlor, grantor, or donor. Second is the beneficiary for whose benefit the trust is established. Finally, the third party is the trustee, who is responsible for the management
What did William Taft and Theodore Roosevelt both pursue while in office?
established land conservation areas(: Breaking up trusts
What is called a loose association of business that make the same product?
It's a cartel. Cartels were usually formed in secret. and were basically a way to form trusts legally. (For trusts were illegal.)
What did most progressives want to break up and regulate large companies?
trusts~apex
Can an irrevocable trust be changed by the trustor?
In general, irrevocable trusts cannot be changed by the trustor once they are established. These trusts are designed to be permanent and the trust assets are no longer considered part of the trustor's estate. However, some irrevocable trusts may include provisions that allow for certain changes to be made under specific circumstances.
Most progressives want to break up what and regulate large companies?
trusts~apex
When was The Wildlife Trusts created?
The Wildlife Trusts was created in 1912.
When was The Killam Trusts created?
The Killam Trusts was created in 1965.
What was Eugene debs attitude towards trusts?
he viewed the trusts and corporations as enemies of working class. He fiercely opposed the trusts.
