Faith Placed an Order to Sell 7,500 Shares of Stock

question 37

Multiple Choice

Faith placed an order to sell 7,500 shares of stock she currently owned.As soon as the order reached the trading floor,the shares were immediately sold.Which type of order did Faith place?

• A)limit
• B)day
• C)market
• D)short
• E)stop

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Definitions:

True Inequality

A true inequality is an inequality statement that accurately describes the relationship between two values or expressions based on the given conditions.

Real Number

A value that represents a quantity along a continuous line, including all rational and irrational numbers.

Opposite Number

The number with the same magnitude but opposite sign to a given number, effectively located on the opposite side of zero on the number line.

Overbar Symbol

A notation used in mathematics to indicate that the value or sequence beneath the bar is repeated infinitely.