Which of the Following Statements About E-Marketplaces That Act as Independent

question 45

Multiple Choice

Which of the following statements about e-marketplaces that act as independent trading communities is FALSE?

• A)These trading communities allow buyers to easily compare offerings from various sellers.
• B)Independent trading communities charge a fee for their service.
• C)Independent trading communities often consist of thousands of geographically dispersed buyers and sellers.
• D)This independent type of trading community is favored by large companies.
• E)Independent trading communities often operate in an environment where demand and supply fluctuations cause volatile prices.

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Definitions:

Current Ratio

A measure of a corporation's capability to meet obligations due in less than one year, found by dividing its total current assets by its total current liabilities.

Company

A company is a legal entity formed by a group of individuals to engage in and operate a business—commercial or industrial—enterprise.

Working Capital

The distinction between a business's immediate assets and liabilities, showcasing its operational effectiveness and short-term financial status.

Company

A legal entity formed by a group of individuals to operate a business, which can own property, incur liabilities, and sell products or services.