Which of the Following Statements About Auctions Is Not True

question 50

Multiple Choice

Which of the following statements about auctions is not true?

• A)The market leader in C2C auctions is Craigslist.
• B)Auctions constituted a significant part of B2B e-commerce in 2012.
• C)Over a third of procurement officers use auctions to procure goods.
• D)In B2C auctions, established merchants offer items for sale using dynamic pricing techniques.

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Definitions:

Short Hedge

A risk management strategy used to protect against the decline in the price of a commodity or asset, involving the sale of futures contracts or other derivatives.

Marked-To-Market

Occurs when the value of a security is valued at its current market value rather than its original price or its exercise value.

Credit Default Swap

A financial instrument that enables an investor to transfer or mitigate their credit risk by exchanging it with another investor.

Insurance Contract

A legally binding agreement between an insurer and the insured, where the insurer agrees to compensate for certain losses in exchange for a premium.