Purchase Solution

Describe the services offered by an online auction escrow service. Name one advantage and one disadvantage of using this type of an escrow service

Not what you're looking for?

Ask Custom Question

Describe the services offered by an online auction escrow service. Name one advantage and one disadvantage of using this type of an escrow service

Purchase this Solution
Solution Summary

The expert describes the services offered by an online auction escrow service. One advantage and disadvantage of using that type of escrow service is determined.

Solution Preview

Online auction escrow service

Describe the services offered by an online auction escrow service. Name one advantage and one disadvantage of using this type of an escrow service

Online Escrow Services

Escrow is a third party agent who collects, deposit and acts as a custodian of funds. They work according to the instructions of ...

Purchase this Solution
Free BrainMass Quizzes
Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

View More Free Quizzes
Related BrainMass Solutions

  • Reserve Price and Escrow Service

    Name one advantage and one disadvantage of using this type of an escrow service. Dear Student, Thank you for using BM. Below are my answers.

  • Ebay: Value Creation and Contracting issues

    56686 Ebay: Value Creation and contracting issues EBay is the world's largest online auction. In late 1999, the service listed over 2,000 categories of items from sports memorabilia to automobiles.

  • E-Commerce Company Selling through Auction Sites

    In order to handle the payment online by the seller and the successful bidder, eBay also provides an internet-based payment method. eBay also provides escrow service to its customers.

  • refunding and municipal bonds/tax exempt bonds

    Payment of the refunded bonds is then secured by the escrow account with the trustee and may be used only for this specified purpose.

  • E-bay, king of online auction industry

    They wanted to diversify not only the products they offered but also their customer base and global reach. By using the eBay service you can find virtually anything you are looking for.

  • Information Systems and Competitive Advantage

    Companies with this type of differentiated product/service no longer compete on the basis of cost since they basically own the market. This could also lead to an alliance that might not have been available before.

  • Escrow Bond: What is it and how is it accounted for?

    Regardless, the explanation of an escrow bond is the same in either case. Thank you for using Brainmass. The following posting explains the concept of an escrow bond and speculates about the purposes of it as part of a law firm.

  • Ebay as a business

    What appears to be the major advantage of this new eBay strategy and the major disadvantage or risk? The major advantage of this new eBay strategy is to increase its revenues, and diversify into a new field.

  • Technology Escrow: Intellectual Property Management

    One of the pieces I am struggling with is in the identification of ethical challenges that the bank would face in creating a campaign for this new service. I am struggling with this particular concept and need a solid explanation.

View More Related Solutions