A(n) ________ is an order to a stock broker to buy a security only if its price is equal to or less than a specified amount.
A) stop order
B) round lot order
C) limit order
D) market order
E) odd lot order

Question

Quizplus · Accepted Answer

A limit order is a specific type of order that allows traders to buy or sell an asset at a particular price or better. A buy limit order is used to buy a security at or below a specific price, while a sell limit order is used to sell a security at or above a specific price. The limit order will only execute if the set price is met or exceeded.

A(n) ________ Is an Order to a Stock Broker to Buy