What Type of Online Auction Occurs When Buyers Use It

question 155

Multiple Choice

What type of online auction occurs when buyers use it to purchase a product or service,selecting the seller with the lowest bid?

• A) Electronic auction
• B) Forward auction
• C) Reverse auction
• D) All of the above

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Definitions:

Philippic

A fiery, damning speech, or tirade, often directed against someone or something.

Lengthy Monologues

Long, uninterrupted speeches by a single speaker that can be informative but might also disengage the audience.

Active Listening

Feeding back the literal meaning or the emotional content or both so that the speaker knows that the listener has heard and understood.

Handshake

A traditional greeting in which two people grasp each other's right hand, often accompanied by a brief up-and-down movement.