WAEC Commerce 2017 Objective — Question 30
Question 30 of 50 from the West African Examinations Council (WAEC) Commerce 2017 Objective paper, with the correct answer and a full explanation.
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30. A speculator in the stock exchange market who sells securities in anticipation of a fall in their prices is a
- A. A. broker
- B. B. bull
- C. C. bearCorrect
- D. D. stag
Explanation
A bear is an investor who is pessimistic about the markets and expects prices to decline in the near- to medium-term.
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