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Motorcycle Purchase Considerations

Motorcycle Purchase Considerations

Assessment

Interactive Video

Business, Life Skills

9th - 12th Grade

Practice Problem

Hard

Created by

Lucas Foster

FREE Resource

The transcript captures a negotiation over the sale of a motorcycle. The seller and buyer discuss the price, condition, and value of the motorcycle, which has been sitting unused for 30 years. The seller emphasizes the importance of the motor and transmission, while the buyer considers the custom frame. Both parties deliberate on the final decision, with the seller wanting the motorcycle to go to a good home. The conversation highlights the challenges of valuing a non-running motorcycle and the emotional aspects of selling a cherished item.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial price mentioned for the motorcycle?

$3,800

$4,000

$4,500

$6,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What condition was discussed that could increase the motorcycle's price to $6,000?

If it was running and turn key

If it had new tires

If it was a rare model

If it had a new paint job

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long has the motorcycle been sitting non-running?

10 years

20 years

30 years

40 years

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the price offered for the motorcycle in its non-running state?

$4,500

$4,000

$6,000

$3,800

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What additional cost was mentioned if the motorcycle was shipped?

$2,000

$1,500

$1,000

$500

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the main components being sold with the motorcycle?

Exhaust and fuel tank

Seat and handlebars

Motor and transmission

Frame and wheels

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What issue was highlighted about the motor's value?

It is missing parts

It has bad numbers

It is a rare model

It is brand new

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