Dell, Inc., sells surplus, refurbished, or closeout computer merchandise at its dellauction.com website to many buyers who bid competitively against one another. This is an example of a(n)
A) traditional auction.
B) reverse auction.
C) bidder's war.
D) I-auction.
E) Webfront auction.

Question

Quizplus · Accepted Answer

This is an example of a traditional auction where multiple buyers bid competitively against each other to purchase items.

Dell, Inc, Sells Surplus, Refurbished, or Closeout Computer Merchandise at Its