Sales and Pricing Quiz

What does it mean to sell a product?

• To give a product for free

• To exchange a product for money

• To promote a product

• To manufacture a product

Who is the seller?

• The person who buys the product

• The person who owns the product

• The person who sells the product

• The person who delivers the product

What is the action of giving money to obtain a product?

• Selling

• Trading

• Buying

• Exchanging

Who is the buyer?

• The person who sells the product

• The person who owns the product

• The person who pays to have the product

• The person who manufactures the product

What is the term used for swapping one thing for another, with or without money involved?

• Buy

• Trade

• Sell

• Exchange

What is a negotiation?

• A conversation about weather

• A conversation about prices and terms

• A conversation about hobbies

• A conversation about movies

What does it mean to exchange a product?

• To give the product back to the seller

• To swap one thing for another

• To return the product

• To refund the product

When might a buyer want to return a product?

• When the product is too expensive

• When the product is a bargain

• When the product is damaged or faulty

• When the buyer changes their mind

What does a refund involve?

• Swapping one product for another

• Returning the product for an exchange

• Returning the money to the buyer

• Giving a discount on the product

What does a guarantee promise?

• To return the product

• To replace or repair the product

• To refund the money

• To negotiate the price