A(n)___________________ is a buy or sell stock order that depends on a predetermined price.
A) Bracket order
B) Extended-hours order
C) Good-til-canceled order
D) Trailing-stop order

Question

Quizplus · Accepted Answer

A trailing-stop order depends on a predetermined price and adjusts continuously as the price moves. It is used to protect profits or limit losses, making it a suitable buy or sell strategy. The other options - bracket order, extended-hours order, and good-til-canceled order - do not necessarily depend on a predetermined price.

A(n)___________________ Is a Buy or Sell Stock Order That Depends