Question

Which statement describes a legal means used by the companies that built the transcontinental railroad to finance railroad construction?

a. They sold stock in their companies to the public.
b. They awarded construction contracts to their own companies.
c. They filed false claims for government reimbursement.
d. They solicited donations from towns along the rail line

Answer 1

One of the ways in which companies that built the transcontinental railroad financed railroad construction was that "a. They sold stock in their companies to the public," since this increased their revenue.