WAEC Commerce 1997 Question 33

Question 33

Stock Exchange

The Stock Exchange does not deal in

  1. A.shares
  2. B.treasury bills
  3. C.debentures
  4. D.stocks
  5. E.bonds
Show the answer and explanation

Answer: B (treasury bills)

Explanation

Treasury bills are short-term and traded on the money market, not the stock exchange.