JAMB Commerce 2014 Objective — Question 32

Question 32 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2014 Objective paper, with the correct answer and a full explanation.

An agent who transacts business with the broker in the stock exchange is a

A. stag
B. bull
C. del credere
D. jobberCorrect

Explanation

A jobber is a market maker in the stock exchange who transacts business only with the broker, not directly with the public.

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