Examlex

Solved

An Order Book Displays the Following Information You Place an Order to Sell 100 Shares

question 81

Multiple Choice

An order book displays the following information:
 Buy Orders Sell Orders Shares  Price  Shares  Price 100$18.07100$18.11500$18.06500$18.12300$18.05100$18.12\begin{array}{cccc}\text { Buy Orders}& \text { Sell Orders}\\\hline \text { Shares }\quad \text { Price } & \text { Shares } \quad \text { Price } \\100 \quad \$ 18.07& 100 \quad \$ 18.11 \\500 \quad \$ 18.06 & 500 \quad \$ 18.12 \\300 \quad \$ 18.05 & 100 \quad \$ 18.12\end{array}


You place an order to sell 100 shares. At what price will your order be executed?


Definitions:

Provincial Statute

Legislation enacted by the legislative assembly of a province within a country, dealing with matters within the province's jurisdiction.

Licencees

Individuals or entities that are given legal permission to do something that, without such permission, would be illegal.

Occupiers' Liability Acts

Laws that hold property occupiers responsible for ensuring the safety of those who enter their premises.

Duty of Care

A duty enforced by law on a person to act with reasonable care in activities that could potentially harm other individuals.

Related Questions