Which of the Following Is a Characteristics of a Limit

question 117

Multiple Choice

Which of the following is a characteristics of a limit order?

• A) The order that provides the quickest way to have an order filled.
• B) Buy orders are filled at the lowest available price.
• C) Stock is purchased at the current market price.
• D) The order is executed as soon as the specified price is reached.
• E) Securities are always bought on margin.

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