passwella.
Menu

WAEC Economics 2006 Question 23

Question 23

Financial Institutions

Buying and selling of shares is a function performed mostly by the

  1. A.insurance companies
  2. B.stock exchange
  3. C.merchant banks
  4. D.discount houses.
Show the answer and explanation

Answer: B (stock exchange)

Explanation

The stock exchange is the market where existing shares and securities are bought and sold.