Stan Donalds,president of Covell Corporation,requested that ten shares of his XYZ stock be sold at a price equal to or better than $70.Stan placed a(n)______order with his broker.

Question

Quizplus · Accepted Answer

Stan placed a market order, which instructs the broker to sell the shares at the best available market price, rather than specifying a minimum price.

Stan Donalds,president of Covell Corporation,requested That Ten Shares of His