WAEC Commerce 2005 Question 35

Question 35

Stock Exchange

Which of the following is a function of a stockbroker?

  1. A.Provision of short-term capital
  2. B.Giving investment advice
  3. C.Regulation of stock exchange practices
  4. D.Granting of loans to investors.
Show the answer and explanation

Answer: B (Giving investment advice)

Explanation

Stockbrokers advise clients on investments and buy and sell for them.