Sally is attempting to purchase 88 shares of Alphabet's stock.Sally is purchasing a(n)________ lot of stocks.
A)square
B)round
C)odd
D)margin
E)cannot determine from the information provided

Question

Quizplus · Accepted Answer

An odd lot refers to a purchase of less than 100 shares of stock, which is the standard trading unit. Sally is purchasing 88 shares, which is less than 100, making it an odd lot.

Sally Is Attempting to Purchase 88 Shares of Alphabet's Stock