When a Stop-Loss/profit Order Is Taken, the Rate Specified in the Order

question 59

Multiple Choice

When a stop-loss/profit order is taken, the rate specified in the order:

• A) must be transacted regardless of where the market moved
• B) must be transacted if a broker confirms that the specified rate was reached
• C) cannot be taken as a fixed-price guarantee unless agreed in writing
• D) will always be the stop loss rate, if the order is executed

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Definitions:

Interest Groups

Organizations or groups of individuals that advocate for specific causes or policies.

Task Force

A temporary group of people formed to solve a particular problem or carry out a specific assignment.

Functional Group

A team or department within an organization that performs a specific function or set of functions, such as marketing or finance.

Quality Control Circle

A group of workers who voluntarily meet to discuss and find solutions to workplace issues, particularly those affecting quality.