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Absolute Beginner’s Guide to Computer Basics by Michael Miller

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21. Buying and Selling on eBay

Some of the best bargains on the Web come from other consumers, just like you, selling items via eBay. eBay is one of the Web’s largest online marketplaces, facilitating transactions between the people and businesses that have things to sell and the customers who want to buy those things.

Most transactions on eBay are in the form of online auctions. An online auction is, quite simply, a Web-based version of a traditional auction. You find an item you’d like to own and then place a bid on the item. Other users also place bids, and at the end of the auction—typically a seven-day period—the highest bidder wins.

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