A Stop-Loss Order

question 154

Multiple Choice

A stop-loss order:

• A) sets a price a broker may not violate
• B) stops losses for one trading day
• C) is executed at the market once the stop-price loss or a price below it is reached
• D) stops losses for 30 days

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Definitions:

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A codified body of law created by a legislature, dictating regulations, rights, and duties.

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A system of law concerned with the punishment of those who commit crimes.

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The behavior of individuals in a society, governed by social norms, customs, and laws.

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The principle that all members of a society, including those in government, are equally subject to publicly disclosed legal codes and processes.