A Limit Order

question 68

Multiple Choice

A limit order

• A)is an instruction from a customer to a broker to buy or sell in at a particular price (or better).
• B)can be a "day order"-that is the order is cancelled if not executed during that day's trading.
• C)can be "good till cancelled".
• D)all of the above

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Definitions:

Response

In statistics, the answer or reaction to some stimulus or experiment; in communication, it's the reply or reaction to a message or question.

Air Pressure

The force exerted onto a surface by the weight of the air above that surface in the atmosphere of Earth.

Altitude

The height of an object or point in relation to sea level or ground level.

Moderately Strong Association

A term indicating a significant but not perfect relationship between two variables in statistical analysis.