Bike Purchase Negotiation and Concerns

Bike Purchase Negotiation and Concerns

Assessment

Interactive Video

Business, Life Skills

6th - 10th Grade

Hard

Created by

Mia Campbell

FREE Resource

Danny Tate introduces himself and Ryan, who asked him to tape the video. They discuss a cool bike and negotiate its selling price. Danny expresses concerns about the cost and effort required to refurbish the bike, leading to a final price discussion.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is introduced at the beginning of the video?

Danny Tate and Mike

Ryan and John

Danny Tate and John

Danny Tate and Ryan

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the initial price offered for the bike?

$3,500

$4,000

$5,500

$2,500

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the final price suggested during the negotiation?

$2,500

$3,000

$3,500

$5,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the refurbishments mentioned for the bike?

New tires and paint

Whole new chrome and light bezels

Engine overhaul

New seat and handlebars

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern about purchasing the bike?

The bike is not unique

The bike requires a lot of money, sweat, and tears to refurbish

The bike is too old

The bike is too expensive