Which One of the Following Statements Regarding Orders Is False

question 10

Multiple Choice

Which one of the following statements regarding orders is false?

• A) A market order is simply an order to buy or sell a stock immediately at the prevailing market price.
• B) A limit sell order is where investors specify prices at which they are willing to sell a security.
• C) If stock ABC is selling at $50,a limit-buy order may instruct the broker to buy the stock if and when the share price falls below $45.
• D) A day order expires at the close of the trading day.
• E) None of these.

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Definitions:

Mission Statement

A formal summary of the aims and values of a company, organization, or individual, guiding its strategies, goals, and decision-making processes.

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The use of software or hardware to track and record activities on computers, often for the purpose of measuring productivity, ensuring compliance, or protecting data.

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The immediate execution or processing of tasks or operations without noticeable delay, often critical in computing and telecommunication.

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Workers who have specialized training, knowledge, and experience in particular fields or activities, often requiring technical competencies.