Choose the Word or Phrase in [ ] Which Will

question 69

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-An order to buy or sell a security at the best price available at the time the order is received is a [market | limit] order.

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Definitions:

Photoelectric Sensor

A device that uses light to detect the presence, absence, or distance of an object.

Transmitter

A device that sends signals, often converted from physical measurements, to other instruments or systems for monitoring or control purposes.

Light Sensor

A device that detects light and converts it into an electrical signal.