Q.State any four basic features of E-Trade (E-Commerce).

E-Trade's basic features all follow from one core idea: the transaction happens electronically, without a physical shop visit.

E-Trade (E-Commerce) refers to buying and selling of goods and services conducted electronically, typically over the internet, rather than through a traditional physical shop. Its basic features, at this introductory level, are:

1. No physical shop visit required — the buyer browses and orders through a website or app.
2. Wider reach — a single online seller can potentially reach consumers across the whole country (or beyond), not just a local neighbourhood.
3. Round-the-clock availability — unlike a physical shop, an online store is not restricted to fixed opening hours.
4. Cashless/digital payment — transactions are typically settled through online banking, cards, or digital wallets. …