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Author Question: Which of the following is a key difference between auctions and clearinghouses? A) Auctions are ... (Read 37 times)

lunatika

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on: Jul 7, 2018
Which of the following is a key difference between auctions and clearinghouses?
 
  A) Auctions are used for low-value products, whereas clearinghouses are used for high-value products.
  B) Clearinghouses take title to the goods they sell, whereas auctions do not.
  C) Clearinghouses facilitate only B2B sales, whereas auctions facilitate B2B and B2C sales.
  D) Auctions support a competitive bidding process, whereas clearinghouses sell at a stated price.

Question 2

In the United States, the Security and Exchange Commission (SEC) mandates many aspects of compliance.
 
  Indicate whether the statement is true or false


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Dominic

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Reply #1 on: Jul 7, 2018
Answer to Question 1

D

Answer to Question 2

TRUE


lunatika

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Reply #2 on: Jul 7, 2018
Correct answers!


Dominic

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Reply #3 on: Jul 7, 2018
Great! Please up vote :D


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