Which of the Following Orders Instructs the Broker to Sell

question 43

Multiple Choice

Which of the following orders instructs the broker to sell at or above a specified price?

• A)Limit-buy order
• B)Discretionary order
• C)Limit-sell order
• D)Stop-buy order

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Definitions:

Sequence

A specific order in which related events, movements, or things follow each other.

Transformer Harmonic Derating Factor

A multiplier used to adjust the rating of a transformer based on the presence of harmonics in the electrical system, to avoid overheating and ensure safe operation.

RMS Phase Current

The root mean square value of the current in one phase of a multi-phase system, providing a measure of the effective current level.

Instantaneous Peak Value

The highest absolute value of a varying quantity (voltage or current) at a given instant.