Answer-first summary for fast verification
Answer: d) Limit order OR stop-limit order
Both **limit orders** and **stop-limit orders** can guarantee a specified price level or better, but neither guarantees that the full order will be executed. A market order guarantees execution, not price. A stop order guarantees neither a price floor/ceiling nor execution price.
Author: Manit Arora
Ultimate access to all questions.
Q-149.4. Which order guarantees a specified PRICE LEVEL OR BETTER but does NOT guarantee the order will be fully executed? (best answer)
A
a) Market order only
B
b) Limit order only
C
c) Stop order only
D
d) Limit order OR stop-limit order
No comments yet.