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Which of the Following Statements Concerning Market and Limit Orders

question 113

Multiple Choice

Which of the following statements concerning market and limit orders are correct?
I.Market orders guarantee both a price and an execution.
II.Market orders guarantee an execution but not a price.
III.Limit orders guarantee a price but not an execution.
IV.Limit orders guarantee both a price and an execution.


Definitions:

Ethnic Culture

The shared customs, traditions, languages, and beliefs of a group of people who identify with the same ethnicity.

Ethnic Identity

An individual's sense of belonging to a particular ethnic group, including shared culture, traditions, language, and ancestry.

Ethnic Category

A classification based on common cultural, linguistic, or ancestral characteristics.

Hispanic Americans

Americans of Spanish-speaking ancestry, including those from Latin America and Spain.

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