A company receives money for the sale of its stock

A) during its IPO

B) whenever its stock is traded

C) when shares are purchased in a secondary market

D) when shares are privately traded

Answers

Answer 1
Final answer:

The company receives money for the sale of its stock when shares are purchased in a secondary market.

Explanation:

The answer to the question is C) when shares are purchased in a secondary market.

Companies receive money for the sale of their stock when shares are purchased in a secondary market. This is different from an initial public offering (IPO), where shares are sold to the public for the first time.

For example, if a company's stock is listed on a stock exchange, such as the New York Stock Exchange, investors can buy and sell shares of the company's stock, and the company will receive money when those shares are purchased.

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