passwella.
Menu

WAEC Commerce 2020 Question 25

Question 25

Stock Exchange

The right to buy or sell stock in the stock exchange within a stipulated period is

  1. A.option.
  2. B.contango.
  3. C.backwardation.
  4. D.brokerage.
Show the answer and explanation

Answer: A (option.)

Explanation

An option is the right to buy or sell shares at an agreed price within a fixed period.