A stock exchange is a market for?

Assessment: WAEC SSCE - Commerce - 1994 (Objective) Subject: Commerce

Question 1 Report

A stock exchange is a market for?
Answer Details
A stock exchange is a market for existing shares of quoted companies. In other words, it is a platform where investors can buy and sell shares of companies that have been previously listed on the exchange. These shares are bought and sold between investors, and the stock exchange provides a mechanism for facilitating these transactions. This allows investors to invest in a company by purchasing a share of its ownership, and for companies to raise additional funds by issuing new shares of stock.
Read lesson note on Purchase And Sale Of Goods (JAMB)
Read lesson note on Stock Exchange (JAMB)
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