A Limit Order Is a Request to Buy or Sell

question 39

True/False

A limit order is a request to buy or sell a stock at a specified price or better.

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Definitions:

Injunction

A court order that either restrains a party from doing or compels a party to do a specific act.

Court Order

A directive issued by a judge or court that requires a party to take or refrain from taking a specific action.

State Trial Courts

Courts within individual U.S. states that have jurisdiction to hear cases involving state law and issues.

Stare Decisis

A legal principle that obligates courts to follow historical cases when making a ruling on a similar case.