Car Purchasing Process and Risks

Car Purchasing Process and Risks

Assessment

Interactive Video

Business, Fun

9th - 12th Grade

Hard

Created by

Liam Anderson

FREE Resource

The video follows a journey to North Carolina where Robbie and Bobby own four of the 500 Nash Healy sports cars ever made. The team inspects the cars, which include a rusty but original model and another with a Cadillac motor. They negotiate prices, aiming to buy both cars for a total of $46,000. The process involves assessing risks and potential rewards, ultimately leading to a deal. The experience is likened to a treasure hunt, searching for rare and unique finds.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of Robbie and Bobby's collection in North Carolina?

They are the original manufacturers of Nash Healy cars.

They own four out of 500 Nash Healy sports cars made.

They have the largest collection of sports cars in the USA.

They have the only Nash Healy sports cars in the world.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where did one of the Nash Healy cars originate from?

Burbank, California

Paris, France

London, UK

New York, USA

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial asking price for one of the cars?

$20,000

$35,000

$25,000

$30,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which car is considered the best choice for a purist?

The one with the Cadillac motor

The one with a steel gray body

The one missing the glass

The coupe with the original motor

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the final offer made for the two cars?

$50,000

$40,000

$55,000

$46,000

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main risk mentioned in the decision-making process?

The cars might not be delivered on time.

The cars might not be authentic.

The cars could be too expensive to maintain.

The purchase could be a big financial risk.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the nature of the search for unique cars described in the conclusion?

A routine business operation

A community service project

A day-to-day treasure hunt

A government-sponsored program

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