Examlex
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. Stop-loss orders may never be executed.
Questions of Fact
Issues in a legal case that are related to the determination of factual disputes by a judge or jury.
Highest Appellate Court
The supreme authority in the judicial hierarchy capable of reviewing and overturning lower court decisions, often the supreme or constitutional court in a country.
Supreme Court
The highest judicial court in a country or jurisdiction, often having the ultimate authority in interpretive, legal, and constitutional matters.
Final Court
The ultimate judicial tribunal in a legal system where the final interpretation of law or final appeal is decided.
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