A ________ is a form of e-auction which allows businesses to buy seized and surplus government equipment.
A) reverse auction
B) mystery auction
C) top-up
D) forward auction
E) rafter bid

Question

Quizplus · Accepted Answer

A forward auction is the type of e-auction where businesses can bid on seized and surplus government equipment. In a forward auction, the price goes up as bidders compete with each other, and the highest bidder wins the auction.

A ________ Is a Form of E-Auction Which Allows Businesses