WAEC Commerce 2022 Question 24

Question 24

Stock Exchange

Dealers in the stock exchange such as bulls, bears and stags are categorized as

  1. A.actuaries
  2. B.promoters
  3. C.speculators
  4. D.underwriters
Show the answer and explanation

Answer: C (speculators)

Explanation

Bulls, bears and stags buy and sell hoping to profit from price changes, so they are speculators.