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Basic Question 7 of 13

When certainty of execution is a priority over price of execution, a ______ is preferred.

A. market order
B. limit order
C. stop order

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Craig Baugh

Craig Baugh

Learning Outcome Statements

compare execution, validity, and clearing instructions

compare market orders with limit orders

CFA® 2025 Level I Curriculum, Volume 3, Module 1.