Which of these statements is TRUE?

Question 28 options:

a)

The dealers of stock are not allowed to make money on the difference between what they buy the stock for and what they sell it for.

b)

A bear market is a prolonged rising market, one in which stock prices in general are increasing.

c)

The ask price is the price at which a dealer is willing to sell, and the bid price is the price at which a dealer is willing to buy.

d)

A bull market is a prolonged declining market, one in which stock prices in general are decreasing.