When an investor sets a maximum price a broker can spend per share or a minimum price to accept when selling a stock,the investor is issuing a:

Question

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A limit order is an instruction given to a broker to buy or sell a stock at a specific price or better. In this case, the investor sets a maximum price per share they are willing to pay when buying or a minimum price they are willing to accept when selling. This ensures that the investor only buys or sells at a specific price or better, which helps to control the costs of the trade. Therefore, the best choice is A) Limit order.

When an Investor Sets a Maximum Price a Broker Can