Steps of Online Transaction

Q.

State True or False. Credit card is a payment card which enables a purchase by money borrowed from the card issuer.

1. True

2. False

Q.

Rita wants to shop, for her friend post work. She gets done really late from work and all the shops will be closed. She needs to get a gift before she leaves for her friend's party the next day. Is it possible to shop online?

1. Yes

2. No

Q.

What does 'online registration' mean?

1. Registration means login to an account

2. Registration means an account with an online vendor

3. Registration means sign up on gmail

4. All of the above

Q.

Except for the last stage of online transaction, there is no flow of information.

1. True

2. False

Q.

___________________ is an online record of what a person has picked up while browsing the online store.

1. Payment mechanism

2. Cash on delivery

3. Registration

4. Shopping cart

Q.

State True or False. Raju was shopping shoes for himself, he just had to register on the app and he could choose from a few options of color and style.

1. True

2. False

Q. e-Business refers to shopping through the internet or online.

1. False
2. True

Q. E-business is defined as the conduct of industry, trade and commerce using face to face selling.

1. False
2. True

Q. The last stage of transaction is related to final delivery, which requires no flow of information.

1. False
2. True

Q. Before online shopping one has to register with the online vendor by filling up a registration form.

1. True
2. False