Unit Test — Cumulative exam Answers

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What was one of the weaknesses of the Sherman Antitrust Act that made the law difficult to argue in court?

A
The terms of the law were too difficult to understand.
B
The consequences of violating the law were not strong enough.
C
The law did not adequately define trusts or monopolies.
D
The consequences of violating the law were too strong.
23

Why was the Supreme Court’s decision in the Wabash, St. Louis, and Pacific Railroad v. Illinois case an obstacle to state government reform measures?

A
The Supreme Court ruled that states cannot regulate grain storage fees.
B
The Supreme Court ruled that states cannot regulate interstate railroads.
C
The Supreme Court ruled that states cannot regulate any businesses at all.
D
The Supreme Court ruled that states cannot regulate manufacturers.
24

In the 1920s, the danger of buying stock on credit was that if the stock dropped, borrowers

A
could not repay loans used to buy the stock.
B
lost ownership of the stock.
C
could no longer speculate on stock.
D
could no longer get credit.
25

Besides the Declaration of Independence, the Virginia Declaration of Rights also served as a model for which document?

A
the US Bill of Rights
B
Thomas Paine’s Common Sense
C
the English Bill of Rights
D
the Iroquois Constitution

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Unit Test — Cumulative exam Answers — CR27 US…