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Etsy, Inc. E-Commerce Quiz
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Etsy, Inc. E-Commerce Quiz

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Questions and Answers

What is the fee for listing an item on Etsy?

  • US$0.20 per item (correct)
  • US$0.10 per item
  • US$0.50 per item
  • US$1.00 per item
  • How many employees did Etsy have at the end of 2022?

  • 3,000 employees
  • 2,790 employees (correct)
  • 2,500 employees
  • 3,500 employees
  • What is the revenue generated from the Marketplace revenue stream based on the final sale value?

  • 5% of the final sale value
  • 6.5% of the final sale value (correct)
  • 3% of the final sale value
  • 8% of the final sale value
  • What is the total gross merchandise sales (GMS) on the Etsy platform in 2022?

    <p>US$13.3 billion</p> Signup and view all the answers

    What type of items are described as vintage on Etsy?

    <p>At least 20 years old</p> Signup and view all the answers

    What is one of the primary revenue streams for Etsy?

    <p>&quot;Promoted Listings&quot;, payment processing, and purchase of shipping labels fees</p> Signup and view all the answers

    What is the fee percentage that Etsy claims from the final sale price of a listing?

    <p>6.5%</p> Signup and view all the answers

    How long does a listing remain on a shop's page if it is not purchased?

    <p>4 months</p> Signup and view all the answers

    Which payment options can sellers offer buyers on Etsy?

    <p>Credit cards and PayPal</p> Signup and view all the answers

    How can buyers register with Etsy to make purchases?

    <p>With Facebook, Google Account, Apple ID, or email</p> Signup and view all the answers

    Which section on the Etsy website authorizes the use of personal information in multiple countries?

    <p>&quot;Privacy Policy&quot;</p> Signup and view all the answers

    What type of product photos are commonly found on Etsy?

    <p>Editorial</p> Signup and view all the answers

    How many tags can sellers add to their products to help buyers find them?

    <p>13 tags</p> Signup and view all the answers

    Which area of law deals with issues of both private law and public law?

    <p>Commercial law</p> Signup and view all the answers

    Which aspect of Commercial law pertains specifically to financing and the financial markets?

    <p>Financial law</p> Signup and view all the answers

    What is the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales?

    <p>Commercial law</p> Signup and view all the answers

    Which category within Commercial law includes titles such as principal and agent, carriage by land and sea, and merchant shipping?

    <p>Shipping law</p> Signup and view all the answers

    Which legislative body is responsible for regulating interstate commerce in the United States?

    <p>The United States Congress</p> Signup and view all the answers

    What is an aspect of Commercial law that can be understood to regulate corporate contracts, hiring practices, and the manufacture and sales of consumer goods?

    <p>Corporate law</p> Signup and view all the answers

    What is the most successful attempt to create a unified body of commercial law in the United States?

    <p>Uniform Commercial Code</p> Signup and view all the answers

    During which period did Italy play a significant role in the development of modern institutions related to commercial law?

    <p>16th century</p> Signup and view all the answers

    Who is often considered the father of commercial law?

    <p>Benvenuto Stracca</p> Signup and view all the answers

    Which country was impacted by the legal work of Italian jurists in the field of commercial law?

    <p>England</p> Signup and view all the answers

    Which regulatory scheme in the United States is an example of laws controlling how commerce is conducted particularly in relation to employees' safety?

    <p>Occupational Safety and Health Act</p> Signup and view all the answers

    What did Benvenuto Stracca's treatise De mercatura seu mercatore tractats focus on?

    <p>Merchants and merchant contracts</p> Signup and view all the answers

    In which century was the treatise De mercatura seu mercatore tractats published by Benvenuto Stracca?

    <p>16th century</p> Signup and view all the answers

    What did Benvenuto Stracca soon add extensive discussions of to his treatise De mercatura seu mercatore tractats?

    <p>Bankruptcy, factors and commissions</p> Signup and view all the answers

    Which country is considered the cradle of many modern institutions at the basis of commercial law during the Middle Ages?

    <p>Italy</p> Signup and view all the answers

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