Question

Use of online auctions like eBay and similar other sites describes which e-commerce transaction?

a) Business-to-consumer (B2C)
b) Business-to-business (B2B)
c) Business-to-government (B2G)
d) Consumer-to-government (C2G)
e) Consumer-to-consumer (C2C)

Answer 1

The use of online auctions like eBay and similar sites falls under the category of Consumer-to-consumer (C2C) e-commerce transaction.

Step-by-step explanation:

The use of online auctions like eBay and similar sites falls under the category of Consumer-to-consumer (C2C) e-commerce transaction.

C2C transactions involve individuals selling products or services directly to other individuals. In this case, individuals can list items they want to sell on online auction platforms, and other individuals can bid on those items.

Examples of C2C transactions include buying a used laptop computer at a garage sale or ordering flowers over the internet for a friend in a different city.