FR4 U5 Vocabulary

Which word matches the following definition: written name signed to agree to terms of a contract?

• name

• first and last name

• signature

• confirmation

Which word is a synonym for the word inauthentic?

• authentic

• fake

• real

• original

Which of the following words means uncommon or not easy to find?

• rare

• abundant

• fake

• difficult

Which of the following terms means the amount you want to sell something for?

• bargain

• contact

• purchase

• asking price

Which of the following words means a method of sale designed to have a buyer pay as much as possible for an item while competing with other buyers for the same item?

• capitalism

• auction

• shopping

• bargaining

Which of the following words means to negotiate for an agreeable price?

• hustle

• shop

• sale

• bargain

Which of the following words means to offer an amount with the hope of making a purchase?

• asking price

• purchase

• bid

• bargain

Which of the following words describes an individual who entrusts the sale of their property to an auction house?

• trustee

• seller

• consignor

• buyer

Which of the following words describes the process of determining the fair market value of an item?

• appraisal

• weighing

• price listing

• bidding

Which of the following terms represents what the auction house believes an item would bring at an auction?

• bid

• fair market value

• asking price

• bargain