Author Question: Mr. Arne Freidrich looks at SoTon Co's latest annual report and feels that the company is performing ... (Read 104 times)

EY67 · **on:** Jul 14, 2018

Mr. Arne Freidrich looks at SoTon Co's latest annual report and feels that the company is performing well. However, he believes it is not worth spending more than 70 per share of SoTon. He contacts his broker and tells him to acquire 50 shares of SoTon only if they are less than 70 a share. Which of the following orders has Mr.Freidrich placed to acquire the shares?
A) A stop-loss order
B) A liquidation order
C) A buy limit order
D) A market order

Question 2

Large companies often find it less expensive to purchase parts from small companies than to manufacture their own.

Indicate whether the statement is true or false