WAEC Commerce 2010 Question 17

Question 17

Stock Exchange

Which of the following is not true of the stock exchange?

  1. A.It is a commodity market
  2. B.It provides market for trading on shares
  3. C.Government and companies raise fund through it
  4. D.It provides professional advice on investment
Show the answer and explanation

Answer: A (It is a commodity market)

Explanation

The stock exchange deals in securities, not commodities.