1.

Mercy, a computer operator of a private firm, wishes to buy some shares from stock exchange.1) Can she buy shares directly from the stock ex-change? State the reason. (2) Can she purchase shares of all companies from the stock exchange? State the reasons.

Answer»

(1) No. Only members of stock exchange are allowed to enter the stock exchange. 

(2) No. Only listed and govt, securities are permitted to be traded in the stock exchange.



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