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Title: Technology in Action: Ebay

Essay Details

Subject: English
Author: Maria D
Date: November 12, 2012
Level: University
Grade: B
Length: 3 / 831
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

The item can be anything from a car to a book to an antique. Potential Buyers then place bids on the item, however the bidding starts from a price specified by the buyer. Sellers can also sell the item at a fixed price. The auction lasts anywhere from 1-7 days, giving other buyers a chance to outbid the previous one...

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Once the auction is over, the highest bidder wins the auction and then the transaction occurs. In the end of the transaction, it's recommended that they both leave each other feedback. Feedback is a useful tool where buyers and sellers can build their reputations, allowing more users to trust them. Also, the more feedback you receive, the more eBay trusts you, making other features gradually available to you...

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