In the early history of corporations, what was the primary purpose of shares?
A)to raise capital and provide a return on that investment
B)to encourage innovation
C)to allow outsiders to control a corporation's major decisions
D)to implement social good by a corporation

Question

Quizplus · Accepted Answer

The primary purpose of shares in the early history of corporations was to raise capital by selling ownership in the company to investors. In return, these investors would receive a portion of the profits through dividends or share price appreciation. This allowed corporations to access funding that they would not have been able to secure from other sources, and enabled them to expand and grow.

In the Early History of Corporations, What Was the Primary