Doug Is a Frequent Visitor of Online Auction Sites

question 19

Multiple Choice

Doug is a frequent visitor of online auction sites.He uses two different accounts to place a low followed by a very high bid on the desired item.This leads other bidders to drop out of the auction.He then retracts the high bid and wins the item at the low bid.This form of e-auction fraud is known as ________.

• A) shill bidding
• B) bid luring
• C) rafter bidding
• D) mystery bidding
• E) bid skimming

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Definitions:

Ambiguity And Contradictions

Situations or statements that contain unclear, conflicting, or contradictory information, often leading to confusion or misunderstanding.

Group Involvement

is the degree to which members of a team or community actively participate and share in the group's activities and decision-making processes.

Radical Departure

A significant and often sudden change from previous methods, practices, or products, marking a break from traditional ways of doing things.

Four-Step Problem-Solving

A systematic approach to addressing issues that involves identifying the problem, developing potential solutions, implementing a solution, and evaluating the outcome.