JAMB Commerce 1999 Question 31

Question 31

Stock Exchange

A wholesale dealer in securities is known as a

  1. A.stockbroker
  2. B.speculator
  3. C.jobber
  4. D.stag.
Show the answer and explanation

Answer: C (jobber)

Explanation

Jobbers hold stocks of securities and deal with brokers, acting like wholesalers.