An investor interested in purchasing 100 shares of stock in Amazon should place a
A. Sell Stop
B. Buy Stop
C. Market Order
D. Buy Stop Limit
EXPLANATION: obviously, you can eliminate any answer with the word "sell" in it, but notice how the question seems to be missing key details. That will really do a number on a test taker, trust me. Don't panic. Whatever information was not provided is just as important as what was provided. What in the question justifies either a "buy stop" or a "buy stop limit" answer? I see nothing about wanting to buy only if the stock trades up at a certain price. All I see is that an investor wants to buy 100 shares of stock. So, if you want to get your order filled, you place a market order--Answer C. Right? At first, a question like this can seem too hard--just hang with it. Consider what the question said, and what it didn't. Need Help With Your Test?