asked 76.9k views
4 votes
Not all products are well-suited for sale on the internet. true or false

asked
User Ywat
by
7.9k points

1 Answer

1 vote

Final answer:

True, some products are not suitable for online sales due to various factors like shipping issues and the need for physical inspection. Online markets may also suffer when there is significant uncertainty about product quality, despite FTC regulations.

Step-by-step explanation:

The statement that not all products are well-suited for sale on the internet is true. Despite the vast capabilities of the internet for commerce, there are certain items that may be problematic to sell online due to factors like shipping complications, perishability, high costs, or legal restrictions. Furthermore, some products require a hands-on experience or 'try-before-you-buy' approach, which is not feasible online. Additionally, the online market's reliance on accurate product descriptions and consumer trust can be hindered by imperfect information about product quality. The Federal Trade Commission (FTC) regulates advertising to ensure that false claims are not made, aligning with the principle of caveat emptor, which advises buyers to beware. Markets may struggle to form or sustain when there is significant uncertainty about product quality or performance, illustrating the limitations of online sales for certain goods.

answered
User Glegoux
by
7.9k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.