If you tell your broker to buy securities at the best possible price,you have placed a
A)market order.
B)limit order.
C)stop-loss order.
D)price order.

Question

Quizplus · Accepted Answer

A market order instructs the broker to buy or sell securities at the next available price. Therefore, a market order would be the best choice when you want to buy securities at the best possible price. The price at which the market order is executed depends on the current market conditions and the availability of the securities.

If You Tell Your Broker to Buy Securities at the Best