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

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
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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