A Limit Order to Buy

question 17

Multiple Choice

A limit order to buy:

• A)guarantees the quantity purchased but not the price.
• B)guarantees both the purchase price and the order fulfillment.
• C)is executed only if the purchase price is less than the limit amount.
• D)guarantees the purchase price but not the order execution.
• E)will be executed either at the limit price or at the end-of-day price.

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Definitions:

Negative Reinforcement

A process in behavior modification where the removal of an undesirable or unpleasant stimulus strengthens or increases the likelihood of a behavior.

Spontaneous Recovery

The reappearance of a conditioned response after a period of lessened response.

Operant Conditioning

A technique for adjusting behavior by dispensing rewards for good actions or penalties for bad ones.

Delayed Conditioning

A classical conditioning process where the neutral stimulus is presented and followed by the unconditioned stimulus after a brief interval.