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Test your basic knowledge |
Ebay
Start Test
Study First
Subject
:
it-skills
Instructions:
Answer 27 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Minimum acceptable bid advance. Announced prior to the opening of the bidding by the auctioneer (50: 3500 car bid higher to 3550 - can't do say 3525)
PayPal
Psychological pricing
Final Value Fee Structure
Bid Increment
2. Notes a listing that has ended. If the item sold - there is important information (also found in My eBay) about payments - shipping and the buyer.
Closed Item Listing
Fees
PayPal
Premier/Personal PayPal Account
3. Recommended for casual sellers or non-businesses who wish to get paid online - and who also make online purchases.
Shill Bidding
Premier/Personal PayPal Account
Sniping
Premier account
4. Items listed in the core eBay listings which can be purchased instantly at a fixed price without bidding. Also called fixed price
Time taken
Buy it Now
Bid Retraction
Confirmed Address
5. Seller never has item - sets price of item of company and has them send directly
Drop Shipping
Buy it Now
Premier/Personal PayPal Account
Bid Increment
6. Recipients in US can withdraw money by - Spending it online - Transferring it to a bank - Requesting a check - Using a ____________
Confirmed Address
PayPal Debit Card
Premier/Personal PayPal Account
Final Value Fee Structure
7. Things to consider before bidding: Description - feedback - price - where they will ship or where they are from - _______ - when auction ends
Psychological pricing
Condition
Premier/Personal PayPal Account
Sniping
8. Based on a percentage of the item's total cost to the buyer (less any sales tax)
Final Value Fee Structure
Condition
PayPal Buyer Protection
PayPal Debit Card
9. Reputation on Ebay
Condition
PayPal Buyer Protection
Feedback
Communicate with the customer
10. This will reimburse you if your item is not received - is broken - or is significantly different from the description in the seller's listing
Body parts
Buy it Now
PayPal Buyer Protection
Time taken
11. A hidden minimum price—essentially - the lowest price that the seller is willing to accept for the item. If the listing ends without any bids that meet the reserve price - the seller is not required to sell the item.
Psychological pricing
Bid Increment
Reserve Price
PayPal Debit Card
12. Auction ________ is the process - in a timed online auction (such as on eBay) - of placing a winning bid at the last possible moment (often seconds before the end of the auction) - giving the other bidders no time to outbid the sniper
Sniping
Body parts
credit card #
Bid Retraction
13. Lets you restrict your search to a defined category or categories
Time taken
Advanced Search
Reserve Price
Sniping
14. 3 ways shipping and handling charges are determined: The cost of shipping (weight/size) - the ________ - and costs associated with packaging
Time taken
credit card #
PayPal Buyer Protection
Confirmed Address
15. Days Available 1 - 3 - 5 - 7 - or 10 days
Auction Duration
Drop Shipping
Premier/Personal PayPal Account
Closed Item Listing
16. A digital wallet where you can securely store all your payment options - such as your bank account and credit card. When you want to make a payment - you don't have to pull out your credit card or type your billing info every time.
Final Value Fee Structure
Sniping
PayPal
Body parts
17. 3 things you need to register an account for eBay? Username - e-mail - ________
Advanced Search
PayPal Buyer Protection
Condition
credit card #
18. If you don't receive your item - or the item is significantly different from its description in the seller's listing - PayPal Buyer Protection covers eligible transactions for up to the full purchase price plus original shipping charges. You are prot
Advanced Search
Shill Bidding
PayPal Buyer Protection
Condition
19. Any techniques that are giving consumers the idea that they are getting a better deal. (ex: multiple item pricing - like 3 items for ___ - and $5.99 instead of $6.00)
Psychological pricing
Closed Item Listing
credit card #
Body parts
20. For receiving money not for sending
Fees
Body parts
Shill Bidding
Final Value Fee Structure
21. 4 Tips for PayPal: Describe your item honestly - _____________ after the transaction ends - Ship the item out within 48 hours - Purchase insurance and delivery confirmation
Reserve Price
Premier/Personal PayPal Account
Psychological pricing
Communicate with the customer
22. Happens when anyone—including family - friends - roommates - employees - or online connections—bids on an item with the intent to artificially increase its price or desirability.
Bid Increment
Reserve Price
Shill Bidding
Premier/Personal PayPal Account
23. Taking back of bids - Are not allowed nor will be recognized within 24 hours of auctions end. Seller will not be obligated
Bid Retraction
Advanced Search
Feedback
Communicate with the customer
24. Examples of products Ebay won't let you sell: Credit cards - alcohol - "adult only" products - animals - lottery tickets -_______ - food-drugs - stamps - knock offs
PayPal Buyer Protection
Advanced Search
Body parts
Shill Bidding
25. Address that has been reviewed by PayPal and found to be safe based on information related to the address - for example - if a buyer's credit card billing address and postal address are the same.
PayPal Buyer Protection
Communicate with the customer
Confirmed Address
Closed Item Listing
26. Recommended for individuals who shop and pay online - or wish to send or receive personal payments for shared expenses such as splitting of dinner bills or rental charges.
PayPal Debit Card
Body parts
Premier/Personal PayPal Account
Bid Increment
27. Depends on the type of listing—auction-style or fixed price format—you use.
Insertion Fee Structure
Shill Bidding
Time taken
Premier account