A money broker specialises in
A)locating interested parties to sell a company's stock.
B)ﬁnding interested parties to buy a company's stock.
C)ﬁnding short-term money for borrowers and placing money for lenders.
D)only helping lender placing their money.
E)All of the above.

Question

Quizplus · Accepted Answer

A money broker specialises in finding short-term money for borrowers and placing money for lenders. They do not deal with buying or selling of a company's stock. Therefore, option A and B are incorrect. Also, they help both lenders and borrowers, so option D is also incorrect. Therefore, the correct answer is C.

A Money Broker Specialises in