JAMB UTME - Commerce - 2017 | Green Bridge CBT

Question 1 Report

The stock exchange is a market where _______

long-term securities are sold

all types of securities are sold

short-term securities are sold

medium term securities are sold

Answer Details

The stock exchange is a market where companies can sell shares of ownership in their business to investors. These shares are a type of security called stocks or equities. Investors buy and sell stocks on the stock exchange, hoping to make a profit by buying low and selling high. The stock exchange is open to all types of securities, not just long-term or short-term ones. So, "all types of securities are sold" is the correct answer.






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