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WAEC Commerce 2024 Question 22

Question 22

Stock Exchange

A market where items are sold in lots or by description is a

  1. A.supermarket.
  2. B.money market.
  3. C.commodity market.
  4. D.capital market.
Show the answer and explanation

Answer: C (commodity market.)

Explanation

On a commodity market goods such as cocoa or grain are traded by grade, sample or description, often in lots.