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The Execution of a Limit Order Will Be the Highest

question 85

True/False

The execution of a limit order will be the highest priority above previously received orders if and when the specified price is reached.


Definitions:

Expert Power

A form of influence derived from possessing specialized knowledge or skills in a particular area.

Coercive Power

Refers to the ability of a person to influence others' actions through threats or punishment.

Legitimate Power

A form of authority where power is given based on a person's position or role within a hierarchical structure.

Zone Of Indifference

A range of actions or decisions by authority figures that individuals are willing to accept or comply with without objection.

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