Understanding the Car Negotiation

Understanding the Car Negotiation

Assessment

Interactive Video

Business, History

10th - 12th Grade

Hard

Created by

Ethan Morris

FREE Resource

The video involves a discussion about the price and authenticity of a car, focusing on the motor and rear end. The sellers and buyers negotiate the price, considering their long-term relationship and the car's condition. The sellers agree to a lower price, absorbing shipping costs. The video concludes with a reflection on the process of finding unique and valuable items.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial price discussed for the car?

$12,000

$10,000

$15,000

$20,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was the motor considered incorrect?

It was not powerful enough

It had no serial number

It was too old

It was too expensive

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What feature of the rear end was discussed?

It was missing

It was too heavy

It was a clamshell design

It was too small

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the seller's reaction to the $10,000 offer?

They accepted it

They rejected it

They ignored it

They countered with $11,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the final agreed price for the car?

$10,000

$11,000

$13,000

$12,000

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who agreed to cover the shipping costs?

It was split equally

A third party

The seller

The buyer

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the seller's reason for agreeing to the final price?

They needed quick cash

They valued the relationship

They wanted to clear inventory

They found a better buyer

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