| If you tell your broker to “Buy 100 shares of SBUX stock for me as long as the price is no more than $70,” you are giving a A. market order. B. limit order. C. proxy order. D. stop order. |
Answered by Expert Tutors
| B. limit order. Explanation This would best be described as limit order which sets the maximum or minimum price at which a customer is willing to complete the transaction. Limit orders are used to give the investors more control over the transaction which ensures that the entry point for the market is at least good as the specified price. |
