Companies that sell goods to consumers over the Internet are engaging in:
A) B2C transactions.
B) IOU transactions.
C) B2B transactions.
D) Y2K transactions.

Question

Quizplus · Accepted Answer

B2C (business-to-consumer) transactions refer to sales made directly to individual consumers by businesses over the internet. This is the most fitting description for companies selling goods to consumers online. B2B (business-to-business) refers to transactions between businesses, IOU transactions do not exist in the context of e-commerce, and Y2K transactions were a concern related to the year 2000 and are no longer relevant.

Companies That Sell Goods to Consumers Over the Internet Are