An electronic exchange ________.
A) supports competitive bidding
B) takes title to the goods it sells
C) generates revenue only through advertising
D) matches buyers and sellers

Question

Quizplus · Accepted Answer

An electronic exchange matches buyers and sellers by bringing them together in a virtual marketplace. It does not take title to the goods it sells or generate revenue solely through advertising. However, it does support competitive bidding as a means of enabling buyers and sellers to reach mutually acceptable prices.

An Electronic Exchange ________