Which of the Following Is a Key Difference Between Auctions

Multiple Choice

Which of the following is a key difference between auctions and clearinghouses?

A) Auctions are used for low-value products, whereas clearinghouses are used for high-value products.
B) Clearinghouses take title to the goods they sell, whereas auctions do not.
C) Clearinghouses facilitate only B2B sales, whereas auctions facilitate B2B and B2C sales.
D) Auctions support a competitive bidding process, whereas clearinghouses sell at a stated price.