Fill in the Blank A
Ch. 7 Definitions A
Rules of Negotiating.
Ch. 7 Definitions B
Fill in the Blank B
100

The first key to opening the door to huge bargains is learning to ______ everything.

What is negotiate?

100

The difference between the wholesale price and retail price.

What is the markup?

100

When negotiating, always tell the absolute _____.

What is truth?

100

Having to do with a personʹs honesty and moral attributes.

What is integrity?

100

Win-win deals really work, so don't be _____ to ask for the deal.

What is afraid?

200

Cash is ___

What is emotional/visual?

200

To bargain for a lower price.

What is to negotiate?

200

Use the power of _____. 

What is cash?

200

A public sale in which property or items of merchandise are sold to the highest bidder.

What is an auction?

200

Cash has _____.

What is immediacy?

300

The trick to coupons is only use them on items you ___ to buy.

What is need?

300

The ability to walk away from a purchase when negotiating.

What is walk-away power?

300

Understand and use "_____-_____ power"

What is walk-away?

300

The exchange of goods or services without the use of money.

What is barter?

300

Don't get _____ to the purchase.

What is married?

400

The second key to opening the door to huge bargains is having ______.

What is patience?

400

The process of quantifying costs and benefits of a decision.

What is a cost-benefit analysis?
400

____ _____. Don't talk too much.

What is shut up?

400

Type of yard sale with more items, usually the entire contents of a household.

What is an estate sale?

400

_____ sales and public ____

What is an estate and auction?

500

Another thing you can do is ____ something of value, either goods or _____ services.

What is trade and services?

500

Process by which the holder of a mortgage sells the property of a homeowner who has not made interest and/or principal payments on time as stipulated in the mortgage contract.

What is foreclosure?

500

"That's not ____ ____." Use this phrase when negotiating on prices with a salesman.

What is good enough?

500

Retail store where people sell items and the owner of the shop gets a percentage of the sale.

What is a consignment shop?

500

Typically, _____ _____ aren't trying to make a sale for profit; they're just trying to get some money out of the stuff they don't need or want anymore.

What are private sellers?

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