You ask your broker to buy 500 shares of Microsoft,if it is available,at a price less than or equal to $26.This is an example of a ________ order.

Question

Quizplus · Accepted Answer

A)Limit order is an order that stipulates the highest or lowest price at which the customer is willing to trade securities. The order described here specifies a limit of $26.
B)Limit order is an order that stipulates the highest or lowest price at which the customer is willing to trade securities. The order described here specifies a limit of $26.
C)Limit order is an order that stipulates the highest or lowest price at which the customer is willing to trade securities. The order described here specifies a limit of $26.
D)Limit order is an order that stipulates the highest or lowest price at which the customer is willing to trade securities. The order described here specifies a limit of $26.
E)Limit order is an order that stipulates the highest or lowest price at which the customer is willing to trade securities. The order described here specifies a limit of $26.

You Ask Your Broker to Buy 500 Shares of Microsoft,if