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Most e-commerce actually takes place between consumers, which is called consumer-to-consumer e-commerce?

1) True
2) False

1 Answer

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Answer:

Most e-commerce actually takes place between consumers, which is called consumer-to-consumer e-commerce is (1) True statement.

Step-by-step explanation:

Consumer-to-consumer (C2C) e-commerce refers to online transactions that occur directly between individuals. This type of e-commerce has become increasingly prevalent with the rise of online platforms that facilitate peer-to-peer exchanges. Websites and apps that enable users to sell to, buy from, or exchange goods and services with each other fall under the category of C2C e-commerce. Examples include online marketplaces like eBay, Craigslist, and various social media platforms where users can engage in buying and selling activities.

C2C e-commerce has transformed the way people conduct business, providing a decentralized and inclusive marketplace. Individuals can easily connect with each other, offering a wide range of products and services without the need for intermediaries. This fosters a sense of community and empowers consumers to participate actively in the market.

Option 1 is correct.

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