In Regards to Types of Order, Which of the Below

question 62

Multiple Choice

In regards to types of order, which of the below statements is FALSE?

• A) The simplest type of order is the market order, an order to be executed at the best price available in the market.
• B) The danger of a market order is that an adverse move may take place between the time the investor places the order and the time the order is executed.
• C) A buy limit order indicates that the stock may be purchased only at the designated price or lower, while a sell limit order indicates that the stock may be sold at the designated price or higher.
• D) The key advantage of a limit order is that there is no guarantee that it will be executed at all; the designated price may simply not be obtainable.

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