Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following regarding different types of order is NOT correct? Usually, a market order guarantees a transaction. Usually, a limit order guarantees a

  1. Which of the following regarding different types of order is NOT correct?
  1. Usually, a market order guarantees a transaction.
  2. Usually, a limit order guarantees a transaction.
  3. A limit order guarantees the transaction price when the trade is made.
  4. A stop order cannot guarantee either a successful transaction or the transaction price if the order is triggered.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance

Authors: Jack Kapoor

6th Edition

0072350849, 9780072350845

More Books

Students also viewed these Finance questions