Chapter 7 quizzes
What is the price per item if you purchase a $25.99 product at "buy 2 get 1 free"
$17.33
Which is a better deal on a $10.99 item
30% off
Which is a better deal on a $200 item
35% off plus an additional 10%off
Which is a better deal on a $159.99 item
60% off original price
You'll never get a bargain unless you _____ for it
Ask
If you don't want to change insurance companies but want a better price you can
Ask them to match another company's lower price
Sellers can tell by you_____ if you're interested in buying what they are selling
Body language
A common example where the good guy bad guy technique is used is at the
Car dealership
You can sell your old clothes at _____ stores to make money
Consignment
What should you do as you prepare to go to a public auction to but something
Do research and understand the product you are bidding on
If an expensive item breaks, use your_____________ to cover the cost to fix or replace it
Emergency fund
Cash is
Emotional
Couponing is a great way to get a deal when they're used on what
Everything
_________ is negotiable
Everything
Banks and insurance companies all have the same fees and prices
False
Bargains and deals are impossible to find
False
In order to get a deal you have to misrepresent the truth
False
Price is the only way to make a deal sweet
False
When giving a gift it should always cost you money
False
When negotiating for a lower price you should not use cash
False
You should buy extended warranties
False
The _______ person to speak usually loses
First
Which of the following is a negotiating technique that Dave mentions in this video
If I
It's always a good idea to buy from
Individuals
Roger Fischer says the people that win negotiations have the most _______ and the most patience
Information
Dave cautions us by saying don't buy _______ you don't need
Junk
Which of these are not one of the four techniques to find a good deal
Look for a win- win
What items should you buy extended warranties on
Nothing
Another name for good guy bad guy technique is called _____ selling
Position
_____ people don't care what other people think about the car they drive
Rich
When negotiating Dave tells us to
Shut up
What should you do in order to get out of a good guy bad guy negotiation
Speak to the person with the decision making authority
In this lesson Dave recommends using which of the following phrases
That's not good enough
One way to find a great deal is to_____ something of value, goods, or your service
Trade
Collection agencies learn special techniques that will get you to pay them
True
Estate sales and auction houses have mailing lists you can join
True
Everything sold at a pawn shop is stolen
True
It's a good idea to look at estate sales and public auctions for a deal
True
Patience pays off
True
Using cash can be fun
True
When buying a used car you should pay to have the car inspected before buying
True
You can get burned on online auctions like eBay
True
In order to be an aware consumer, you should
Understand everything before you sign up
When negotiating for a good deal you have to maintain your
Walk away power
Don't be afraid to ask for a _________-_________ situation
Win-win
