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- Named after the U.S. senator John Sherman (1823–1900) of Ohio, this new law made trusts and monopolies illegal both within individual states and when dealing with foreign trade.
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History of equity and trusts. The law of trusts was constructed as a part of "Equity", a body of principles that arose in the Courts of Chancery, which sought to correct the strictness of the common law. The trust was an addition to the law of property, in the situation where one person held legal title to property but the courts decided it was ...
Oct 1, 2020 · Trust and distrust have been crucial factors in historical processes and resources for the working of diverse political, economic, legal, and gender orders. Paradoxically, until recently historians have ignored that obvious fact, although the concept of trust has influenced the production of fundamental knowledge about ‘modernity’, ‘the ...
- Alexey Tikhomirov
- 2020
Feb 17, 2022 · The word “trust” eludes precise definition, and the modern academic literature presents a wide variety of efforts to capture its essence. Instead of preferring one definition over another, I use the late medieval and early modern definition in this book.
So how did trust and trustworthiness evolve, and under which conditions do they thrive? To find answers, we operationalize trust and trustworthiness using the trust game with the trustor’s investment and the trustee’s return of the investment as the two key parameters.
- Aanjaneya Kumar, Valerio Capraro, Matjaž Perc, Matjaž Perc
- 2020
May 11, 2017 · There has never been a ‘golden age of trust’: trust and distrust coexist in all societies. The historian’s role is to show how they are configured in different times and places, to help us understand the nature of trust in our own society and how to strengthen it.
- Teresa Morgan
- 2017
This chapter traces the historical roots of the trust. The law of trusts is the offspring of a certain English legal creature known as ‘equity’. Equity arose out of the administrative power of the medieval Chancellor, who was at the time the King’s most powerful minister.
The development of trusts and the popularity of trusts as investments. Introduction of the Sherman Act, the consolidation of industry, merger cre.