Austin’s Auctions conducts online auctions on behalf of clients trying to dispose of liquidated dental laboratory equipment. Some clients want to keep product information about each of the items as guarded as possible so as to negotiate from a stronger position. Others provide photos, detailed assessments as well as complete maintenance records. Which group of clients receive higher prices and why?
Amazon relies on the Internet to join together suppliers with companies and companies with customers. Amazon is most likely using _____.
A) value-added networks
B) e-commerce
C) electronic data interchange
D) private technology exchange
Because of the increase in e-commerce, which of the following types of fraud is easier to commit?
a) Procurement fraud.
b) Use of shell companies.
c) Impersonating customers.
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