Which type of transaction is represented by the diagram below?
A)An automobile salvage business holds weekly auctions at which it sells its entire inventory.
B)A grocery store sells products to consumers.
C)A hobbyist restores antique cars.When a car is finished,she sells it on Ebay.
D)A firm sells movies to consumers through an online downloading service.

Question

Which type of transaction is represented by the diagram below? 
A)An automobile salvage business holds weekly auctions at which it sells its entire inventory. 
B)A grocery store sells products to consumers. 
C)A hobbyist restores antique cars.When a car is finished,she sells it on Ebay. 
D)A firm sells movies to consumers through an online downloading service.

Quizplus · Accepted Answer

The diagram represents a one-time bulk sale, which matches the description of an automobile salvage business holding a weekly auction to sell its entire inventory. Option A is the only choice that fits this transaction type. Option B represents a standard retail sale, Option C represents occasional sales through an online platform, and Option D represents ongoing sales through an online platform.

Which Type of Transaction Is Represented by the Diagram Below