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how did rockefeller and the standard oil company get around laws that f…

Question

how did rockefeller and the standard oil company get around laws that forbade companies in one state from underselling or doing business in other states?
○ they ignored the laws since they were not enforceable.
○ they decided to monopolize the oil business.
○ they bribed congressmen to change the laws.
○ they developed the idea of creating trusts.

Explanation:

Brief Explanations

To solve this, we analyze each option:

  • "They ignored the laws since they were not enforceable" is incorrect. The laws were a challenge, and ignoring them isn't how Standard Oil operated.
  • "They decided to monopolize the oil business" describes their goal, not how they got around state laws.
  • "They bribed congressmen to change the laws" is not accurate. Rockefeller used trusts, not bribery, to bypass state - to - state business restrictions.
  • "They developed the idea of creating trusts" is correct. Trusts allowed Standard Oil to combine multiple companies' stocks under a board of trustees, effectively bypassing state laws that restricted inter - state business. By creating trusts, they could control operations across states while technically complying with the letter of the law (even if not the spirit) regarding inter - state business restrictions.

Answer:

D. They developed the idea of creating trusts.