Scott just called his broker to place an order to buy 100 shares of IBM at a price of $70 or less. Which of the terms below describe his order?
Both a round lot and a limit order
Limit order
Both a round lot and a stop order
Odd lot
Stop order
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q112: John has bought into a mutual fund
Q113: Mutual funds that include money market funds
Q114: A _ is the right to buy
Q115: If a stock option is "underwater" what
Q116: A(n) _ is an order to a
Q118: Which of the following is correct with
Q119: A(n) _ is an order to a
Q120: Scott just called his broker to place
Q121: If riot police officers are trained to
Q122: Blake Corp. wants to transfer its risk
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents