Mick's Shake Bolt Transactions

Mick discovers a shake bolt, a block of cedar wood used for making shakes, and decides to sell it. He approaches Gary Peterson, a local resident, to evaluate and potentially purchase the shake bolt. Gary assesses the quality using a fro tool and decides to buy it. They negotiate a price, and Mick receives $40, which he plans to use for a meal. The transaction concludes with both parties satisfied.

What is a shake bolt primarily used for?

• Making paper

• Building furniture

• Constructing fences

• Creating shakes, a type of shingle

Why does Mick believe he can get money for the shake bolt?

• It is a rare artifact

• It is made of gold

• It can be used to make valuable shakes

• It is a family heirloom

Who is Gary Peterson?

• A renowned carpenter

• A famous artist

• A local historian

• A member of a well-known family in the area

What tool does Gary use to cut a shake from the bolt?

• A saw

• A froe

• An axe

• A chisel

What is the main concern when using shakes on a roof?

• They are difficult to install

• They wear out from water

• They rot easily

• They are too heavy

How many shakes can the shake bolt produce?

• 10

• 15

• 20

• 25

What does Mick request in exchange for the shake bolt?

• A new roof

• A car

• A piece of land

• A meal including a hamburger, chocolate milkshake, and fries

How much does Gary offer Mick for the shake bolt?

• $50

• $20

• $30

• $40

What is Mick's reaction to the offer of $40?

• He refuses the offer

• He is happy with the offer

• He negotiates for more

• He asks for payment in installments

What does Mick plan to do with the money he receives?

• Buy Creature Comforts

• Invest in a new business

• Save for a rainy day

• Donate to charity