The Type of Order in Which the Broker Attempts to Fill

question 7

Multiple Choice

The type of order in which the broker attempts to fill the order the day in which it is entered is known as a ____ order.

• A) market
• B) day
• C) limit
• D) stop

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Definitions:

Short-Term Notes Payable

Short-duration loans evidenced by promissory notes that a company must pay within a year or within its operating cycle, whichever is longer.