Loren's broker knows Loren doesn't know anything about how the stock market works, so she advises him to trust her to decide when to buy and sell. This illustrates ________ orders.
A) market
B) limit
C) discretionary
D) cost
E) value

Question

Quizplus · Accepted Answer

Discretionary orders are those where the broker has the discretion to decide when to buy or sell securities on behalf of the client, which fits the scenario described.

Loren's Broker Knows Loren Doesn't Know Anything About How the Stock