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True or False: Web auctions is a typical example of Consumer toconsumer (C2C) commerce.

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Final answer:

Web auctions are indeed a typical example of Consumer to Consumer (C2C) commerce, where individuals can sell and buy goods directly to and from one another online.

Step-by-step explanation:

The question about whether web auctions are a typical example of Consumer to Consumer (C2C) commerce can be answered with a True. C2C is a business model that allows consumers to trade with each other, typically in an online environment. Web auctions, like those on eBay, are a prime example where individuals can sell goods directly to other consumers. Such platforms facilitate the buying and selling process by providing a space for consumers to list their products and for other consumers to bid on or purchase these items.

In web auctions, individuals act as both sellers and buyers, creating a platform for direct peer-to-peer transactions. This C2C model enables users to sell items they no longer need directly to interested buyers, fostering a dynamic marketplace. Through bidding or fixed-price listings, participants engage in online exchanges, facilitating the sale of various goods or services without intermediary involvement. This direct interaction characterizes the essence of Consumer-to-Consumer commerce in web auction platforms.

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