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A firm on the stock exchange which agrees to buy shares not bought after a...

Commerce
WAEC 2010

A firm on the stock exchange which agrees to buy shares not bought after a public offer is

  • A. a broker
  • B. a stag
  • C. a jobber
  • D. an underwriter
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Correct Answer: Option C
Explanation

A jobber is a principal or wholesaler who dealt only on the Stock Exchange with brokers, not directly with the public.

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