To which of the following occupations does a broker belong?

Assessment: WAEC SSCE - Commerce - 1997 (Objective) Subject: Commerce

Question 1 Report

To which of the following occupations does a broker belong?
Answer Details
A broker belongs to the "Commercial" occupation. A broker is an individual or a firm that acts as an intermediary between buyers and sellers of goods or services. They facilitate transactions by finding potential buyers or sellers and bringing them together to negotiate a deal. In the commercial sector, brokers can work in various industries such as real estate, finance, insurance, and commodities. For example, a real estate broker helps buyers and sellers to buy, sell or rent properties, while a stockbroker facilitates the buying and selling of stocks and other securities on behalf of clients. Overall, brokers play an important role in the commercial sector by creating opportunities for buyers and sellers to connect and exchange goods and services.

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