The Rise of Standard Oil

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Questions and Answers

What did John D. Rockefeller do to form a trust called the South Improvement Company?

  • Acquired oil refineries
  • Bought out other businesses
  • Joined forces with partners (correct)
  • Merged with Standard Oil

Why did certain refiners object to Mr. Rockefeller's offer?

  • They didn't want to sell
  • They preferred cash over stock
  • They didn't trust Mr. Rockefeller
  • They wanted to keep and manage their business (correct)

What did Frank Rockefeller advise the refiners to do when Mr. Rockefeller offered them Standard Oil Company stock or cash?

  • Decline the offer
  • Take the stock (correct)
  • Take the cash
  • Negotiate a better deal

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