Restoring and Negotiating a Bike

Restoring and Negotiating a Bike

Assessment

Interactive Video

Business, Life Skills

9th - 12th Grade

Hard

Created by

Emma Peterson

FREE Resource

The transcript details a conversation about purchasing a vintage Indian motorcycle. The discussion covers the bike's origin, modifications made by the previous owner, and its unique features. The participants negotiate the bike's price, considering the costs of restoration and potential value. They reach a final agreement, highlighting the importance of making informed decisions when buying used vehicles.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What modification did the previous owner make to the bike due to his height?

Changed the seat

Cut the windshield

Lowered the suspension

Added a step

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the nationality of the bike mentioned in the video?

American

Japanese

Indian

German

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the major repairs needed for the bike?

New paint job

Motor overhaul

Seat replacement

New exhaust system

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the initial price the narrator considers offering for the bike?

$10,000

$12,000

$18,000

$15,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

During negotiations, what is the highest price mentioned for the bike?

$12,000

$13,000

$15,000

$20,000

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the final agreed price for the bike?

$12,500

$13,000

$10,000

$15,000

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long does the narrator estimate it will take to start restoring the bike?

10 years

5 years

2 years

1 year

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