James wants to buy some shares of JE Electricals.He instructs the broker to buy 1000 shares at the best possible price immediately.This is an example of a(n)________.

Question

Quizplus · Accepted Answer

A)A market order instructs the broker to buy or sell securities at the best price that can be negotiated in the market. The given situation describes a market order.
B)A market order instructs the broker to buy or sell securities at the best price that can be negotiated in the market. The given situation describes a market order.
C)A market order instructs the broker to buy or sell securities at the best price that can be negotiated in the market. The given situation describes a market order.
D)A market order instructs the broker to buy or sell securities at the best price that can be negotiated in the market. The given situation describes a market order.
E)A market order instructs the broker to buy or sell securities at the best price that can be negotiated in the market. The given situation describes a market order.

James Wants to Buy Some Shares of JE Electricals