A limit order is a request that a stock be bought or sold at a price equal to or better than some specified price.

Name: A limit order is a request that a stock be bought or sold at a price equal to or better than some specified price.
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Question

Quizplus · Accepted Answer

This statement is true. A limit order is an instruction given to a broker to buy or sell a security, such as a stock, at a specified price or better. The broker will only execute the order if the market price meets or exceeds the specified limit price.

A Limit Order Is a Request That a Stock Be