Concept:Stock exchange market participants are classified by their trading behaviour and expectations about future price movements.
Explanation:A bear is a speculator who sells securities in anticipation of a fall in their prices.
Such a trader expects to buy them back later at a lower price and make a profit from the difference.
This practice is known as short selling or bearish trading.
A bull, on the other hand, buys securities expecting their prices to rise.
A broker is merely an intermediary who executes buy and sell orders on behalf of investors.
A stag applies for new share issues and sells them quickly at a premium.
Since the question specifically describes selling securities due to an expected fall in prices, the correct classification is a bear.
Answer:C. bear