A ________ is a form of e-auction where buyers post a request for quote.
A) reverse auction
B) rafter bid
C) mystery auction
D) forward auction
E) top-up

Name: A ________ is a form of e-auction where buyers post a request for quote. A) reverse auction B) rafter bid C) mystery auction D) forward auction E) top-up
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Question

Quizplus · Accepted Answer

In a reverse auction, buyers post a request for quote and sellers compete to offer the lowest price. Therefore, option A is the most suitable choice for the given definition.

A ________ Is a Form of E-Auction Where Buyers Post