Q.

A speculator who enters into a purchase transaction with a view to sell in the near future when the price would have risen is called a -

A. Bear
B. Bull
C. Bison
D. Boar
Answer» B. Bull
Explanation: Investors who take a bull approach purchase securities under the assumption that they can be sold later at a higher price. A "bear" is considered to be the opposite of a bull.
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