E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the Internet. These business transactions occur either business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business.
NBA draft lottery. The NBA Draft is an annual event held since 1985 by the National Basketball Association (NBA), in which the teams who had missed the playoffs that year participate in a lottery process to determine the draft order in the NBA draft.
Each team has the opportunity to pick 7 players during the draft.  The draft is comprised of 7 rounds, with each of the 32 teams  getting a chance to pick one player during â¦ that round. Teams can  trade picks to other teams during the draft, so the amount drafted  by each team can change from year to year. Each team gets 10 minutes to select a player in the first round. The second round gets shortened to seven minutes per pick. From rounds 3-7, teams get five minutes per p â¦ ick.