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