GCE Commerce 1990 Question 65

Question 65

Stock Exchange

A speculator in the Stock Exchange Market who sells securities in expectation of a fall in their prices is called

  1. A.broker
  2. B.a bull
  3. C.a bear
  4. D.an investor
  5. E.a stag
Show the answer and explanation

Answer: C (a bear)

Explanation

A bear sells now, hoping to buy back more cheaply when prices fall.