bilia to computer systems to millions of international buyers” (Internet, 2000, 1). Internet or Online auctions can be business-to-business, business-to-consumer, or consumer-to-consumer. The growth in the popularity of such electronic auctions has been explosive. A $3 billion market in 1999, Internet auctions sales are predicted to jump to more than $15.1 billion in 2004 by Jupiter Communications (Berst, 2000, 1).
Internet auctions are included in the category known as eCommerce. ECommerce has dramatically expanded over the past decade, including the rapid growth of Internet auctions. In states like I
...