After learning that Baruch Inc. is performing very well in the lecture of BUS 2000, Akiko has directed her broker to buy 75 shares of Baruch Inc. at the best possible price available that day. These directions indicate that Akiko placed a ________ order with his broker.

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25-03-2022
Business

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After learning that Baruch Inc. is performing very well in the lecture of BUS 2000, Akiko has directed her broker to buy 75 shares of Baruch Inc. at the best possible price available that day. These directions indicate that Akiko placed a ________ order with his broker.

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ewomazinoade ewomazinoade · Answer 1 · 2022-03-29T11:57:53+02:00

The direction that Akiko placed with his broker to buy the stocks at the best possible price is a market order.

What is a market order?

A market order is when a broker is given an instruction to buy or sell the stock of a particular company at the best available price. When there is a market order, the price at which the stock should be sold is not stated. The only instruction is that the stock should be sold.

To learn more about stocks, please check: https://brainly.com/question/9970004