Ernesto Told His Broker to Buy 75 Shares of PharmaONE

question 115

Multiple Choice

Ernesto told his broker to buy 75 shares of PharmaONE at the best possible price available that day. These directions indicate that Ernesto placed a ________ order with his broker.

• A) market
• B) limit
• C) margin
• D) split

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Definitions:

Declared War

An official announcement by a state or nation about its decision to engage in armed conflict against another state or entity.

Blitzkrieg

A military strategy developed by Germany before and during World War II, characterized by rapid and powerful initial attacks combining air power and mobile forces to quickly overwhelm the enemy.

Motorized Warfare

The use of motor vehicles such as tanks, trucks, and armored vehicles in combat operations to enhance mobility, speed, and firepower.

Enigma Machine

A device used by the German military during World War II for encrypting communications, which was later deciphered by Allied cryptologists.