JAMB Commerce 1994 Question 28

Question 28

Stock Exchange

The business in the stock exchange is characterized essentially by

  1. A.dealing
  2. B.brokerage
  3. C.speculations
  4. D.transactions.
Show the answer and explanation

Answer: A (dealing)

Explanation

The stock exchange is a market where securities are bought and sold, i.e. dealing in shares and stocks.