Commodity Exchange VI
Commerce SSS1 Third Term
WEEK 6
Commodity Exchange VI
Performance Objectives
The student should be able to:
1. Differentiate between commodity and stock.
2. Explain the tangible and intangible method of pricing.
3. Outline the similarities between commodity and stock.
Content
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COMMODITY |
STOCK |
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Commodities entail immediate consumption of products for domestic and industrial purposes. |
Stocks entail investment in a company. |
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Commodities are tangible in nature which is consumed. |
Stocks are intangible in nature. |
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Commodities involve passing of ownership and titles of goods between the seller and the buyers. |
Stocks allow taking ownership in a company. |
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Traders are involved in selling and buying of commodities. |
Brokers are involved in buying and selling of stocks. |
|
Commodities are traded in… |