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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

The Rise of Standard Oil

Choose a study mode

Podcast

Questions and Answers

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

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

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

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