What is consumer-to-consumer e-commerce?

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Multiple Choice

What is consumer-to-consumer e-commerce?

Explanation:
Consumer-to-consumer e-commerce is when individuals sell goods or services directly to other individuals over the internet. Online marketplaces provide the hub for these transactions, offering listing tools, payment processing, and often ratings or reputation systems to help buyers trust sellers. Examples include selling a used item on a platform like eBay or Facebook Marketplace, where both buyer and seller are private individuals. This differs from business-to-consumer transactions, where a company sells to a customer, and from government or banking sales, which involve institutions rather than private individuals.

Consumer-to-consumer e-commerce is when individuals sell goods or services directly to other individuals over the internet. Online marketplaces provide the hub for these transactions, offering listing tools, payment processing, and often ratings or reputation systems to help buyers trust sellers. Examples include selling a used item on a platform like eBay or Facebook Marketplace, where both buyer and seller are private individuals. This differs from business-to-consumer transactions, where a company sells to a customer, and from government or banking sales, which involve institutions rather than private individuals.

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