A speculator in the stock exchange market who sells securities in anticipation of a fall...
COMMERCE
WAEC 2017
A speculator in the stock exchange market who sells securities in anticipation of a fall in their prices
- A. broker
- B. bull
- C. bear
- D. stag
Correct Answer: C. bear
Explanation
A bear market is a period of several months or years during which securities prices consistently fall. A bear sells securities with the expectation that, the prices of the said security may fall in the nearest future
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *