Challenge Your Exam Readiness With Our Free Series 7 License Practice Questions

Question # 61

A client places a buy stop at $55 while stock trades at $50. What happens if stock reaches $55?

Options:

A.

The order is canceled.

B.

The order becomes a market order to buy.

C.

The order executes only at $55 or lower.

D.

The order executes only if stock falls.

Viewing question 61 out of 68 questions
Industry research shows that students who utilize Series 7 License practice tests are significantly more likely to pass exam.


Our free Series 7 License practice questions act as a diagnostic tool to give you a clear snapshot of your Series 7 License readiness. Discover which topics are your strengths and, more importantly, which critical topics require your immediate attention.

Go to Series 7 License Exam Main Page

Series 7 License Overview

Name Series 7 License
Code Series 7 License
Vendor Finance, Insurance and Real Est
Certification Financial Industry Regulatory Authority (FINRA)

Series 7 License Questions