Devin Wants to Purchase DEF Stock for a Specified Price

question 136

Multiple Choice

Devin wants to purchase DEF stock for a specified price of $40.00 or less, and he understands this request will be executed after all previously received orders have been fulfilled. He should use a

• A) Current sale order.
• B) Limit order.
• C) Market order.
• D) Stop order.
• E) Stop-loss order.

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Definitions:

Motivate Behaviour

The process of stimulating an individual to act in a certain way or to pursue particular goals through internal or external incentives.

External Goal

Objectives or outcomes sought after that exist outside of an individual's internal desires or motivations.

Drive Theory

A psychological theory that posits human behavior is motivated by biological drives that seek homeostasis.

Physiological Equilibrium

The state of balance or stability in the body's internal environment, maintained through various biological processes.