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| Topic: |
Miscellaneous
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| Number of pages / Number of words: |
15 / 4003 |
Essay's paper body
Section II gives a brief history of the development of auctions on the Internet. Section III describes the business models utilized by the auction site, eBay. Sections IV discuss online payment method, PayPal. Section V describes the fraud that eBay customers are facing on regular basis. Section XV concludes...
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Section XV concludes.
II. HISTORY OF INTERNET AUCTIONS
The first auction supposedly took place in Babylon around 500 B.C., in which marriage auctions were held annually in every village. The prices ranged from a higher bid for the more beautiful women to a negative bid and dowry for the less attractive women...
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