An order that specifies the highest buy or lowest sell price is a
A) Limit order.
B) Short sale.
C) Market order.
D) Margin call.
E) Stop loss.

Name: An order that specifies the highest buy or lowest sell price is a A) Limit order. B) Short sale. C) Market order. D) Margin call. E) Stop loss.
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Question

Quizplus · Accepted Answer

A limit order specifies the highest buy or lowest sell price that an investor is willing to pay or receive, respectively. This order is only executed if the market reaches the specified price.

An Order That Specifies the Highest Buy or Lowest Sell