Concept:A bull is a stock market speculator who expects prices to rise.
He buys securities at a low price hoping to resell them later at a higher price.
Explanation:A bull is optimistic and confident that the market value of securities will increase.
He purchases securities now and plans to sell them in the future for a profit.
If the price falls instead, he incurs a loss.
However, he may postpone the transaction to the next settlement date by paying a fee known as "contango."
This behaviour is opposite to that of a bear, who expects prices to fall and sells securities first.
A jobber and a broker are market intermediaries; they do not speculate on price movements in the same way.
Therefore, the correct term for a dealer who buys low to sell high is a bull.
Answer:B. bull