2. The types of occupation that a broker belongs to is ________

The types of occupation that a broker belongs to is

(a)Commercial (b)Construction (c)Extraction (d)Manufacturing

EXPLANATION:
Who is a Broker?
A broker is an INDIVIDUAL or FIRM that acts as an intermediary between an investor and a securities exchange.

All of the other occupations have one thing in common- Tangible goods are traded

Extraction: Mineral resources (Tangible)
Manufacturing: Commodities (Tangible)
Construction: Buildings(Tangible)
Broker: Service (Inangible)

What is Commercial Occupation?
Commercial Occupation entails all activities that embraces distribution and exchange of goods produced

N.B Securities exchanges only accept orders from individuals or firms who are members of that exchange, individual traders and investors need the services of exchange members.

Brokers provide that service and are compensated in various ways, either through commissions, fees or through being paid by the exchange itself.

You'll have 60 seconds to answer each question.

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Score:

Your fingernails and hair keep growing after you die

Result

Total Questions: 9

Attempt: 8

Correct : 3

Wrong: 5

Percentage: 33%