Ernesto told his broker to buy 75 shares of PharmaONE at the best possible price available that day. These directions indicate that Ernesto placed a ________ order with his broker.

Name: Ernesto told his broker to buy 75 shares of PharmaONE at the best possible price available that day. These directions indicate that Ernesto placed a ________ order with his broker.
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Question

Quizplus · Accepted Answer

A market order tells the broker to buy or sell a security immediately at the best price available.

Ernesto Told His Broker to Buy 75 Shares of PharmaONE