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trust
(Encyclopedia)trust, in law, arrangement whereby property legally owned by one person is administered for the benefit of another. Three parties are ordinarily needed for the relation to arise: the settlor, who bequ...merger
(Encyclopedia)merger, in corporate business, fusion of two or more corporations by the transfer of all property to a single corporation. The remaining corporation continues in existence, having absorbed the other(s...Dodd, Samuel Calvin Tate
(Encyclopedia)Dodd, Samuel Calvin Tate, 1836–1907, American lawyer, b. Franklin, Pa. He was admitted to the Pennsylvania bar in 1859. Dodd was employed by the Rockefeller interests and is credited with devising t...Sherman Silver Purchase Act
(Encyclopedia)Sherman Silver Purchase Act, 1890, passed by the U.S. Congress to supplant the Bland-Allison Act of 1878. It not only required the U.S. government to purchase nearly twice as much silver as before, bu...Northern Pacific Railway
(Encyclopedia)Northern Pacific Railway, former American rail line, following the northern route from Duluth and St. Paul, Minn., to Seattle, Wash., and Portland, Oreg. The Northern Pacific RR Company was chartered ...monopoly
(Encyclopedia)monopoly mənōpˈəlē [key], market condition in which there is only one seller of a certain commodity; by virtue of the long-run control over supply, such a seller is able to exert nearly total con...Landis, Kenesaw Mountain
(Encyclopedia)Landis, Kenesaw Mountain kĕnˈəsôˌ [key], 1866–1944, American jurist and commissioner of baseball (1921–44), b. Millville, Butler co., Ohio, grad. Union College of Law (now Northwestern Univ. ...Silver Purchase Act
(Encyclopedia)Silver Purchase Act: see Sherman Silver Purchase Act. ...Robinson-Patman Act
(Encyclopedia)Robinson-Patman Act, passed by the U.S. Congress in 1936 to supplement the Clayton Antitrust Act. The act, advanced by Congressman Wright Patman, forbade any person or firm engaged in interstate comme...competition, in economics
(Encyclopedia)competition, in economics, rivalry in supplying or acquiring an economic service or good. Sellers compete with other sellers, and buyers with other buyers. In its perfect form, there is competition am...Browse by Subject
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