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

COMMERCE
WAEC 2010

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

  • A. it is a commodity market
  • B. it provides market for trading on shares
  • C. Government and companies raise fund through it
  • D. it provides professional advice on investment

Correct Answer: A. it is a commodity market

Explanation

A commodity market is a physical or virtual marketplace for buying, selling, and trading raw or primary products. Stock Exchange is not a commodity market



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