Which of the Following Is Not a Risk or Cost

question 5

Multiple Choice

Which of the following is not a risk or cost of Internet auctions?

• A) delayed consumption costs
• B) equipment costs
• C) price transparency
• D) trust risks

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Definitions:

Risk Level

The degree of uncertainty and/or potential financial loss inherent in an investment decision or policy.

Operating Leases

A lease agreement allowing a company to use an asset without ownership, typically with shorter terms, where the lessor bears the risk of obsolescence.

Noncancelable

A contract or agreement that does not allow for cancellation before its set expiration or end date.

Ownership

The state or fact of possessing, controlling, or having title to an asset or property.