___________________ is the maximum purchase price or minimum selling price specified by an investor.
A) A short sale
B) A stop-loss order
C) A limit order
D) Buying on margin

Question

Quizplus · Accepted Answer

A limit order is a type of order where an investor specifies the maximum purchase price or minimum selling price for a security. This helps the investor ensure that they do not buy or sell the security at a price that is less favorable than what they are willing to accept.

___________________ Is the Maximum Purchase Price or Minimum Selling Price