Which of the Following Orders Instructs the Broker to Sell

question 35

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
• E) Market order

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Definitions:

Online Merchant

A business or individual that sells goods or services over the internet.

Credit Card

A payment card issued by a financial institution allowing the cardholder to borrow funds for the purchase of goods and services with the promise to repay the borrowed amount along with any agreed-upon fees.

Debit Card

A card used to electronically subtract money from a bank account to pay for goods or services.

Relative Advantages

The degree to which an innovation or solution is perceived to be better than the idea, program, or product it replaces.