The most common type of order is called a ________.It instructs the broker to obtain the best possible price-the highest price when selling and the lowest price when buying.
A)fast order
B)stock order
C)market order
D)limit order

Question

Quizplus · Accepted Answer

A market order is the most common type of order and instructs the broker to obtain the best possible price available in the market at the time the order is placed. It guarantees execution but does not guarantee the price.

The Most Common Type of Order Is Called a ________