Many online auctions end when a certain amount of time has gone by without a bid.This causes bidders to place several last-minute bids.This practice is known as ________.
A) sniping
B) trading
C) bargaining
D) signing off

Question

Quizplus · Accepted Answer

Sniping is the practice of placing last-minute bids in an online auction to outbid competitors and win the auction. This is done to avoid driving up the price too early in the auction, which may attract competitors to the item.

Many Online Auctions End When a Certain Amount of Time