Week 7 Homework
For this week’s homework assignment, please answer the following questions using the Week 7 Homework Template [DOCX]:
- Describe the differences among the following three types of orders: market, limit, and stop loss. Provide examples of each in your own words.
- What is a short sale? Provide an example in your own words.
- Describe buying on margin. Provide an example in your own words.
- Why is it illegal to trade on insider information? Provide an example in your own words.
Note: Responses must be written in your own words, do not copy/paste from the Internet.