Which of the following statements concerning market, stop loss and limit orders are correct?
I. Market orders guarantee both a price and an execution.
II. Market orders guarantee an execution but not a price.
III. Limit orders guarantee a price but not an execution.
IV. Stop-loss orders may never be executed.
A) I and III only
B) II, III and IV only
C) I and IV only
D) II and IV only
Answer: B
You might also like to view...
Identify the source of conflict when the perception of who owns a particular sector differs from channel participants
A) goal divergence B) domain dissensus C) differing perceptions of reality D) misuse of power
The ________ is the most widely used statistic that summarizes the strength and direction of association between two metric variables
A) covariance correlation B) product moment correlation C) inverse correlation D) bivariate correlation E) F-statistic