Solved

If You Place a Limit Order to Sell American Express

Question 170

Multiple Choice

If you place a limit order to sell American Express stock at $56 per share, your broker's representative will


A) sell your stock if the price reaches $56 or more per share.
B) buy American Express stock when it reaches exactly $56 per share, and then resell it to you.
C) sell your stock at exactly $56 per share.
D) buy American Express when it goes below $56 per share.
E) sell your stock when the price goes below $56 per share.

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