Negotiation and Purchase in a Junkyard

Negotiation and Purchase in a Junkyard

Assessment

Interactive Video

Fun, Business, Design

6th - 10th Grade

Hard

Created by

Emma Peterson

FREE Resource

Mike and Frankie visit a junkyard filled with early cars and vintage motorcycle parts. They meet John, the owner, and explore his collection. Mike negotiates with John to purchase rare motorcycle parts, including an early Indian rear frame section and wheels. After some back-and-forth, Mike successfully buys the parts, reflecting on the value of the items and the experience. The visit is deemed successful, with Mike and Frankie satisfied with their acquisitions.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Mike's initial reaction upon arriving at the junkyard?

He was confused about the location.

He was excited and called it 'Christmas'.

He was indifferent.

He was disappointed.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What kind of items did Frankie find interesting in the junkyard?

Old furniture

Rare motorcycle parts

Antique clocks

Vintage clothing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was John hesitant to sell the Indian motorcycle rear triangle?

He had already sold it.

He thought it was worthless.

He wanted to keep it for a museum.

He didn't know its value.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy did Mike use to encourage John to sell the motorcycle parts?

He ignored John's reluctance.

He threatened to leave.

He bought a sign to break the ice.

He offered a higher price immediately.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the significance of the Marathon sign in the negotiation?

It was the most valuable item.

It helped to initiate the sale of other items.

It was a gift for John.

It was not part of the negotiation.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the final price Mike paid for the Indian rear frame section?

$1,000

$1,750

$3,000

$2,500

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Mike feel after successfully purchasing the items?

Happy and satisfied

Regretful

Disappointed

Indifferent

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