Internet Auction Sites Quiz

What is the main idea of the passage?

• The history of the Internet

• How to start an online business

• The benefits of Internet auction sites

• The disadvantages of online shopping

Who had the idea of starting an auction site on the Internet?

• Steve Jobs

• Pierre Omidyar

• Bill Gates

• Mark Zuckerberg

What is one of the items mentioned that was sold for a high price on an Internet auction site?

• A pair of sneakers

• A leather coat

• A grilled cheese sandwich

• A laptop

What is one disadvantage of shopping at online auctions mentioned in the passage?

• Limited refund period

• High shipping costs

• Poor customer service

• Lack of product variety

Approximately how many registered users does eBay have?

• 50 million

• 100 million

• 150 million

• 200 million

What is the difference between a garage sale and a flea market?

• Garage sales are smaller and held at individual homes, while flea markets are larger events with multiple vendors.

• Garage sales are only for used items, while flea markets can have new items as well
• Flea markets are always indoors, while garage sales are always outdoors
• The main difference is the pricing: garage sales have fixed prices, while flea markets involve bargaining

What is an auction?

• A public sale in which goods or property are sold to the highest bidder.
• An academic examination
• A charity event
• A private negotiation between two parties

What do you do when you bid?

• Make an offer or proposal
• Sing a song
• Dance
• Eat a sandwich

What makes something off-the-wall?

• Ordinary, predictable, or conventional
• Bland, uninteresting, or dull
• Mainstream, popular, or traditional
• Unconventional, unexpected, or eccentric nature