$58$

Multiple Choice

$1\mathrm{.}5$ points

Which one of the following statements regarding orders is false?

A market order is an order to buy or sell a stock on a specific exchange $($market$).$

A limit$-$sell order is where investors specify prices at which they are willing to sell a security.

If stock ABC is selling at $$50,$ a limit$-$buy order may instruct the broker to buy the stock if and when the share price falls below $$45.$

A market order is simply an order to buy or sell a stock immediately at the prevailing market price.