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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. Recipients in US can withdraw money by - Spending it online - Transferring it to a bank - Requesting a check - Using a ____________
PayPal Buyer Protection
Time taken
PayPal Debit Card
Auction Duration
2. 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.
Confirmed Address
Shill Bidding
Bid Increment
Advanced Search
3. Seller never has item - sets price of item of company and has them send directly
Drop Shipping
Reserve Price
Body parts
Bid Retraction
4. 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)
Drop Shipping
Psychological pricing
PayPal Debit Card
Bid Increment
5. 4 Tips for PayPal: Describe your item honestly - _____________ after the transaction ends - Ship the item out within 48 hours - Purchase insurance and delivery confirmation
Closed Item Listing
Condition
Communicate with the customer
Insertion Fee Structure
6. Taking back of bids - Are not allowed nor will be recognized within 24 hours of auctions end. Seller will not be obligated
Bid Retraction
Auction Duration
Premier/Personal PayPal Account
Insertion Fee Structure
7. 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
Bid Retraction
credit card #
Insertion Fee Structure
8. Depends on the type of listing—auction-style or fixed price format—you use.
Insertion Fee Structure
Shill Bidding
Fees
Feedback
9. 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.
PayPal Buyer Protection
Feedback
Drop Shipping
Closed Item Listing
10. Things to consider before bidding: Description - feedback - price - where they will ship or where they are from - _______ - when auction ends
Fees
Condition
Drop Shipping
Sniping
11. 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)
Condition
credit card #
PayPal
Psychological pricing
12. Lets you restrict your search to a defined category or categories
Body parts
Advanced Search
Psychological pricing
Time taken
13. For receiving money not for sending
Fees
Final Value Fee Structure
PayPal Buyer Protection
PayPal Debit Card
14. 3 things you need to register an account for eBay? Username - e-mail - ________
Final Value Fee Structure
credit card #
Reserve Price
Advanced Search
15. 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.
Auction Duration
Confirmed Address
Premier/Personal PayPal Account
Body parts
16. Examples of products Ebay won't let you sell: Credit cards - alcohol - "adult only" products - animals - lottery tickets -_______ - food-drugs - stamps - knock offs
Body parts
Drop Shipping
Psychological pricing
Bid Increment
17. 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.
PayPal Buyer Protection
Feedback
PayPal
Closed Item Listing
18. Days Available 1 - 3 - 5 - 7 - or 10 days
Auction Duration
Psychological pricing
Bid Increment
Bid Retraction
19. Reputation on Ebay
Insertion Fee Structure
Feedback
PayPal Debit Card
Sniping
20. Based on a percentage of the item's total cost to the buyer (less any sales tax)
Confirmed Address
Final Value Fee Structure
Advanced Search
PayPal Buyer Protection
21. 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
Reserve Price
Premier/Personal PayPal Account
PayPal Buyer Protection
22. 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.
Buy it Now
PayPal Debit Card
Reserve Price
Sniping
23. Items listed in the core eBay listings which can be purchased instantly at a fixed price without bidding. Also called fixed price
Buy it Now
PayPal
Fees
Auction Duration
24. 3 ways shipping and handling charges are determined: The cost of shipping (weight/size) - the ________ - and costs associated with packaging
Time taken
Final Value Fee Structure
Shill Bidding
Feedback
25. Recommended for casual sellers or non-businesses who wish to get paid online - and who also make online purchases.
Drop Shipping
Reserve Price
PayPal Debit Card
Premier account
26. 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
PayPal Buyer Protection
Premier/Personal PayPal Account
Fees
Time taken
27. 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.
Auction Duration
Insertion Fee Structure
Shill Bidding
Confirmed Address