The Most Common Type of Order Is Called a ______

question 198

Multiple Choice

The most common type of order is called a ______. It instructs the broker to obtain the best possible price-the highest price when selling and the lowest price when buying.

• A) fast order
• B) stock order
• C) limit order
• D) market order

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Definitions:

Oilskin Boots

Waterproof boots made from canvas treated with oil, designed to keep feet dry in wet conditions.

Seaquake

An underwater earthquake, often causing significant disturbances in the sea, such as tidal waves or changes in sea level.

Arthur Conan Doyle

A British writer best known for creating the character Sherlock Holmes, a detective featured in a series of novels and short stories.

Ship's Log Book

An official record book maintained by the ship's crew documenting the voyage, navigation details, weather conditions, and other relevant occurrences at sea.