Dollars and Sense - Chapter 7 - Bargain Shopping

When negotiating, you should always tell ____________.

• a funny story

• the truth

• lies

• the other person what they want to hear

Which of the following is not one of the powers of cash?

• visual

• emotional

• flammable

• immediacy

The _______guy, ______ guy, technique is a negotiating tool you should be aware of.

• short, tall

• smart, dumb

• sweet, sour

• good, bad

The ability to walk away from a purchase when negotiating.

• Cost-Benefit Analysis

• Integrity

• Markup

• Walk-Away Power

Having to do with a person's honesty and moral attributes.

• Integrity

• Auction

• Markup

• Foreclosure

To bargain for a lower price.

• Auction

• Negotiate

• Markup

• Foreclosure

A public sale in which property or items of merchandise are sold to the highest bidder.

• Consignment Shop

• Estate Sale

• Auction

• Ebay

Type of yard sale with more items, usually the entire contents of a household.

• Consignment Shop

• Estate Sale

• Auction

• Ebay

The difference between the wholesale price and retail price.

• Markup

• Profit

• Cost-Benefit Analysis

• Auction

The process of quantifying cost and benefits of a decision.

• Negotiate

• Markup

• Cost-Benefit Analysis

• Auction