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WAEC Commerce 2013 Objective — Question 15

Question 15 of 50 from the West African Examinations Council (WAEC) Commerce 2013 Objective paper, with the correct answer and a full explanation.

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A market which deals in the purchase and sale of second-hand securities is the

  • A. Stock ExchangeCorrect
  • B. Building society
  • C. shippers council
  • D. Co-operative society

Explanation

The stock exchange sells second hand securities. Second hand securities are securities that have been issued earlier.

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