This will only be executed if the order's price conditions are met.
A) a trade
B) a limit order
C) an unlimited order
D) a spread

Question

Quizplus · Accepted Answer

This statement describes a limit order, which is an order to buy or sell a security at a specified price (the limit price) or better. The order will only be executed if the market price reaches the specified limit price. Thus, a limit order ensures that the price conditions are met before the trade is executed.

This Will Only Be Executed If the Order's Price Conditions