Balloon Basket Purchase Negotiation

Balloon Basket Purchase Negotiation

Assessment

Interactive Video

Business, Arts, Life Skills

6th - 10th Grade

Practice Problem

Hard

Created by

Ethan Morris

FREE Resource

The video features a negotiation over an old balloon basket at Clint's. The buyer and seller discuss the basket's condition, potential uses, and price. After some back-and-forth, they agree on a price of $775, with the buyer offering a check. The transaction concludes with mutual trust and satisfaction.

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the initial perception of the balloon basket's sales potential at Clint's place?

Moderate interest from buyers

Already sold to a customer

Low demand and unlikely to sell

High demand and quick sale

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the previous offer mentioned by the customer for the balloon basket?

$800

$1,000

$1,200

$1,500

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the customer's intended use for the balloon basket?

Resell it for profit

Use it for photography

Gift it to a friend

Display it in a museum

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial offer made by the customer during the negotiation?

$750

$800

$900 with two photo shoots

$700

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What final price did the customer and seller agree upon for the balloon basket?

$800

$700

$775

$850

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the seller feel about the customer's trustworthiness?

Suspicious

Indifferent

Confident and trusting

Skeptical and unsure

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What method of payment does the customer use to finalize the purchase?

Cash

Credit card

Check

Bank transfer

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