Why did the Supreme Court rule in Arkansas Best that the stock of a corporation purchased by the taxpayer to protect the taxpayer's business repulation was a capital asset? A. The motive for purchasing the stock is relevant to determine if the stock should recaive capital-asset status. The taxpayer's reason for the purthase classifles the asset as capital once it is proven the purchase is for a trade or business purpose. B. The Supreme Court ruled that the stock was a capital asset since the taxpayer purchased the stock for the benefit of the corporation's reputaticn and not for personal use. This falls within the definition of a capital asset. C. The Supreme Court ruled that the stock was a capital asset since the purchased stock was to hedge a transaction against the corporation acquiring inventory. This is within the definition of a capital asset. D. The motive for purchasing the stock is not rolevant in determining whether or not the stock is a capital asset. The stock is not within one of the classes of