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E-commerce Platforms for C2C Transactions

Description: This quiz aims to test your knowledge on the various e-commerce platforms that facilitate consumer-to-consumer (C2C) transactions.
Number of Questions: 15
Created by:
Tags: e-commerce c2c transactions online marketplaces
Attempted 0/15 Correct 0 Score 0

Which e-commerce platform is known for its focus on handmade and vintage items?

  1. eBay

  2. Etsy

  3. Amazon

  4. Shopify


Correct Option: B
Explanation:

Etsy is an online marketplace that specializes in handmade and vintage items, providing a platform for artisans and vintage sellers to connect with buyers.

What is the primary business model of e-commerce platforms that facilitate C2C transactions?

  1. Subscription-based

  2. Commission-based

  3. Advertising-based

  4. Freemium


Correct Option: B
Explanation:

E-commerce platforms that facilitate C2C transactions typically charge a commission on each sale made through their platform.

Which e-commerce platform is known for its focus on peer-to-peer rentals?

  1. Airbnb

  2. eBay

  3. Etsy

  4. Shopify


Correct Option: A
Explanation:

Airbnb is an online marketplace that connects people who have spare space to rent with those looking for accommodations, facilitating peer-to-peer rentals.

What is the primary advantage of using e-commerce platforms for C2C transactions?

  1. Convenience

  2. Security

  3. Affordability

  4. All of the above


Correct Option: D
Explanation:

E-commerce platforms for C2C transactions offer convenience, security, and affordability, making them a popular choice for both buyers and sellers.

Which e-commerce platform is known for its focus on connecting local buyers and sellers?

  1. eBay

  2. Etsy

  3. Craigslist

  4. Shopify


Correct Option: C
Explanation:

Craigslist is an online classifieds website that connects local buyers and sellers, providing a platform for a wide range of items and services.

What is the primary challenge associated with e-commerce platforms that facilitate C2C transactions?

  1. Lack of trust between buyers and sellers

  2. High transaction fees

  3. Limited product selection

  4. All of the above


Correct Option: A
Explanation:

The primary challenge associated with e-commerce platforms that facilitate C2C transactions is the lack of trust between buyers and sellers, as they may not have the opportunity to meet in person or inspect the product before making a purchase.

Which e-commerce platform is known for its focus on connecting buyers and sellers of used goods?

  1. eBay

  2. Etsy

  3. Amazon

  4. Shopify


Correct Option: A
Explanation:

eBay is an online auction and shopping website that connects buyers and sellers of used goods, providing a platform for a wide range of items.

What are some common features of e-commerce platforms that facilitate C2C transactions?

  1. User profiles and ratings

  2. Secure payment processing

  3. Dispute resolution mechanisms

  4. All of the above


Correct Option: D
Explanation:

Common features of e-commerce platforms that facilitate C2C transactions include user profiles and ratings, secure payment processing, and dispute resolution mechanisms.

Which e-commerce platform is known for its focus on connecting buyers and sellers of digital goods?

  1. eBay

  2. Etsy

  3. Amazon

  4. Shopify


Correct Option: C
Explanation:

Amazon is an online marketplace that connects buyers and sellers of a wide range of products, including digital goods such as e-books, music, and software.

What are some of the benefits of using e-commerce platforms for C2C transactions?

  1. Increased reach and visibility

  2. Convenience and ease of use

  3. Access to a wider range of products and services

  4. All of the above


Correct Option: D
Explanation:

Benefits of using e-commerce platforms for C2C transactions include increased reach and visibility, convenience and ease of use, and access to a wider range of products and services.

Which e-commerce platform is known for its focus on connecting buyers and sellers of handmade and vintage items?

  1. eBay

  2. Etsy

  3. Amazon

  4. Shopify


Correct Option: B
Explanation:

Etsy is an online marketplace that specializes in handmade and vintage items, providing a platform for artisans and vintage sellers to connect with buyers.

What is the primary business model of e-commerce platforms that facilitate C2C transactions?

  1. Subscription-based

  2. Commission-based

  3. Advertising-based

  4. Freemium


Correct Option: B
Explanation:

E-commerce platforms that facilitate C2C transactions typically charge a commission on each sale made through their platform.

Which e-commerce platform is known for its focus on peer-to-peer rentals?

  1. Airbnb

  2. eBay

  3. Etsy

  4. Shopify


Correct Option: A
Explanation:

Airbnb is an online marketplace that connects people who have spare space to rent with those looking for accommodations, facilitating peer-to-peer rentals.

What is the primary advantage of using e-commerce platforms for C2C transactions?

  1. Convenience

  2. Security

  3. Affordability

  4. All of the above


Correct Option: D
Explanation:

E-commerce platforms for C2C transactions offer convenience, security, and affordability, making them a popular choice for both buyers and sellers.

Which e-commerce platform is known for its focus on connecting local buyers and sellers?

  1. eBay

  2. Etsy

  3. Craigslist

  4. Shopify


Correct Option: C
Explanation:

Craigslist is an online classifieds website that connects local buyers and sellers, providing a platform for a wide range of items and services.

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