Which of the Following Is Incorrect with Respect to Limit

question 96

Multiple Choice

Which of the following is incorrect with respect to limit orders?

• A) They can be used only to buy stock.
• B) If the current quote does not meet the price cited in the limit order, the trade is not executed.
• C) The advantage of the limit order is that the investor makes the trade at the desired price.
• D) The disadvantage of the limit order is that the trade might not be executed at all.

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Definitions:

Similarity

The degree to which two or more objects, ideas, or concepts are alike or share common features, which can influence cognitive processes like categorization and memory recall.

Script

A sequence of expected behaviors for a given situation, often acting as a guide for social interaction or task execution.

Restaurant

A business establishment where meals or refreshments may be purchased.

Hierarchical Network Models

Theories suggesting that concepts are represented in the brain in a structured network of relationships, with more general concepts at the top and specific instances beneath.