Solved

Scott Just Called His Broker to Place an Order to Sell

Question 120

Short Answer

Scott just called his broker to place an order to sell his 50 shares of IBM if the price falls to 100. Which of the terms below describe his order?
Stop order, round lot
Round lot, limit order
Market order, round lot
Limit order, odd lot
Odd lot, stop order

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents