Question

1. Why do most companies sell shares of stock?
a. All companies are required to sell shares of stock
B. To let more people vote on company decisions
c. To generate income for the company
d. To gain a greater reputation

Answer 1

I guess the answer is "c". but companies sell shares to generate capital so that they can invest that amount in business. and that cant be called as income. income is what you get after business

Answer 2

so c seems also wrong (technically)

Answer 3

thank you :)