An Order That Remains in Effect Until the End of the Day

question 139

Multiple Choice

An order that remains in effect until the end of the day is called a:

• A)good-until-canceled order
• B)limit order
• C)day order
• D)stop-loss order

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Definitions:

Illegal

Activities or actions that are forbidden by law and subject to criminal penalties or fines.

Fixing Prices

Illegally setting the price of goods or services, rather than allowing them to be determined naturally through free-market competition.

Economic Competition

The situation in which different companies or entities vie for the same customers or market share in an industry, influencing prices, product quality, and innovation.

Geographic Markets

Areas or regions wherein a company's products or services are available and where economic activities surrounding those goods take place.