Answer :
Final answer:
The statement is True; these websites use the Internet extensively for commerce. They sell or lease goods, services, and intellectual property in various forms. This illustrates the impact of e-commerce on traditional market practices.
Explanation:
Overview of E-commerce Websites
Websites such as www.amazon.com, www.microsoft.com, and www.ebay.com are prime examples of businesses that extensively use the Internet to sell, lease, or license goods, services, and intellectual property. This statement is True.
A Look at Each Example
- Amazon: Originally an online bookstore, Amazon has transformed into a leading e-commerce platform offering a wide range of products from various categories, significantly affecting retail.
- Microsoft: Although primarily known for software products, Microsoft also engages in online services and licensing agreements through its website.
- eBay: A pioneer of online auctions, eBay allows users to buy and sell virtually anything, demonstrating the internet's capacity for commercial transactions.
These websites have revolutionized commerce by enabling transactions that were previously conducted in physical stores or through traditional marketplaces. The internet has made it easier for consumers and businesses to connect and conduct business transactions from the comfort of their homes.
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