When a customer orders the sale of securities when the price reaches a specified minimum, this is a
A)market order.
B)short sale.
C)limit order.
D)stop-loss order.

Name: When a customer orders the sale of securities when the price reaches a specified minimum, this is a A)market order. B)short sale. C)limit order. D)stop-loss order.
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Question

Quizplus · Accepted Answer

This is a stop-loss order, which is a type of order where a customer sets a minimum price limit to sell securities to minimize potential losses.

When a Customer Orders the Sale of Securities When the Price