What type of online auction occurs when buyers use it to purchase a product or service,selecting the seller with the lowest bid?
A) Electronic auction
B) Forward auction
C) Reverse auction
D) All of the above

Name: What type of online auction occurs when buyers use it to purchase a product or service,selecting the seller with the lowest bid? A) Electronic auction B) Forward auction C) Reverse auction D) All of the above
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Question

Quizplus · Accepted Answer

This is the definition of reverse auction.

What Type of Online Auction Occurs When Buyers Use It