WAEC Commerce 2001 Question 48

Question 48

Stock Exchange

A speculator on the stock exchange market who sells securities for fear of a fall in their prices is called

  1. A.a bull
  2. B.a bear
  3. C.a stag
  4. D.an underwriter
Show the answer and explanation

Answer: B (a bear)

Explanation

A bear sells because he expects prices to fall.