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Which of the following were responsibilities of a guild?


regulating prices and competition

protecting a member’s interest against outsiders

funding public works projects

organizing religious festivals and banquets

Verified Answer :

-regulating prices and competition
-protecting a member's interest against outsiders
- organizing religious festivals and banquets

are all the correct answers

jumbledeyes

The correct answer is:

Regulating prices and competition

Protecting a member's interest against outsiders

Organizing religious festivals and banquets

Explanation:

Guild is the name given to an association of merchants, tradesmen or artisans that provide the same type of products or services and protect their interests by regulating prices, competition and quality standars. Guilds excluded outsiders from the market to assure equal competition between them.  Guilds were very popular between the eleventh to sixteenth century, they also performed charity work in their community and maintained their local churches; Guilds built "Guildhalls" were they offered banquets.

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