The primary reason for creating dual or multiple classes of stock has to do with:

Question

Quizplus · Accepted Answer

The primary reason for creating dual or multiple classes of stock is to give control of the company to a specific group of shareholders or individuals. This is often done to prevent minority shareholders from having a significant say in the company's decision-making process. With multiple classes of stock, the group with the majority of voting rights can maintain control.

The Primary Reason for Creating Dual or Multiple Classes of Stock