Which of the Following Orders Instructs the Broker to Buy

question 59

Multiple Choice

Which of the following orders instructs the broker to buy at the current market price?

• A) Limit order
• B) Discretionary order
• C) Limit-loss order
• D) Stop-buy order
• E) Market order

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Definitions:

Absolute Threshold

The minimum intensity of a stimulus that one can perceive, marking the boundary between detectable and undetectable levels of sensory input.

Taste Aversion

The learned avoidance of a particular food or drink because it was associated with a negative reaction, such as nausea or vomiting.

Synaesthesia

A condition in which one sense is simultaneously perceived as if by one or more additional senses, such as seeing sound.

Absolute Threshold

The minimum intensity level of a stimulus required for it to be detected by an organism's sensory receptors 50% of the time.