An Order Book Displays the Following Information: You Place

question 37

Multiple Choice

An order book displays the following information: You place a market order to sell 500 shares.What will be the total you receive for your order?

• A) $9,070
• B) $9,072
• C) $9,075
• D) $9,085
• E) $9,090

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Definitions:

Corporation's Name

The legal name under which a corporation is registered to conduct business, distinct from its owners and shielded by the corporate veil.

Shareholder

An individual or entity that owns a share or shares of stock in a corporation, thus having an interest in its performance and governance.

Stock

Represents ownership in a corporation, entitling the holder to a share of the company's profits and assets.

Right Of First Refusal

A contractual right that gives its holder the option to enter a business transaction with the owner of something, before the owner is entitled to enter into that transaction with a third party.