Chapter 7 Review - Bargain Shopping

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

• Ethics

• Walk-away Power

• Integrity

• Sincerity

Tags

CCSS.RL.2.6

CCSS.RL.8.3

Retail stores where people sell items and the owner gets a % of the sale.

• Estate sale

• Garage sale

• Consignment store

• Auction

The ability to walk away from a purchase when negotiating.

• Take-away power

• Run-away power

• Jog-away power

• Walk-away power

Tags

CCSS.RI.11-12.5

CCSS.RI.8.8

CCSS.RI.9-10.5

CCSS.RI. 9-10.8

CCSS.RI.11-12.8

Process by which the bank sells the property of a homeowner who had not made payments on time.

• Forclosure

• Estate sale

• Auction

• Repossession

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

• Estate sale

• Auction

• Forclosure

• Garage sale

Tags

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.9-10.2

CCSS.RI. 9-10.2

CCSS.RI.11-12.2

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

• Estate sale

• Auction

• Private sale

• Garage sale

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.11-12.3

CCSS.RI.8.3

CCSS.RI.9-10.3

To bargain for a lower price.

• Haggle

• Negotiate

• Barter

• Debate

Tags

CCSS.RI.11-12.4

CCSS.RI.9-10.4

CCSS.RL.11-12.4

CCSS.RL.8.4

CCSS.RL.9-10.4

Using cash gives you MORE bargaining power than using credit.

• True

• False

Being married to a purchase will cause you to lose bargaining power.

• True

• False

Tags

CCSS.RI.8.8

CCSS.RL.8.1

CCSS.RI.8.1

CCSS.RL.11-12.1

CCSS.RL.9-10.1

Getting the best deal on a purchase involves doing all of the following EXCEPT:

• Having patience

• Being first in line for a new product

• Negotiating

• Shopping around to find the best deal

Tags

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.8.1

CCSS.RL.9-10.2

CCSS.RL.7.1