Solved

Which of the Following Is a Characteristic of a Stop-Loss

Question 59

Multiple Choice

Which of the following is a characteristic of a stop-loss order?


A) The stop-loss order is the quickest way to have an order filled.
B) The stop-loss order allows buy orders to be filled at the lowest price.
C) The stop-loss order allows stocks to be purchased at the current market price.
D) The stop-loss order sells a stock when the market price drops below a specified price.
E) The stop-loss order is used to buy stocks at a 10% margin.

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