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Which of the following orders is least likely to expose an investor to price uncertainty? a...

Which of the following orders is least likely to expose an investor to price uncertainty?

a Pro order

b Limit order

c Market order

d Stop-loss order

business   Operations-Management   
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Answer #1

b. limit order

limit order is an order that places a limit on the price you are willing to pay to buy a stock or on the price you are willing to accept to sell a stock. hence it is is least likely to expose an investor to price uncertainty. please note that pro order like stop-limit order is a next closest choice but stop-limit orders can guarantee a price limit, but the trade may not be executed.

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