Show:
The 7 Rules
Vocabulary
Negotiating
Potpourri
Discounts
100
What is the ability to walk away from a purchase when negotiating called? 
Walk away
100
What does barter mean? 
What is the exchange of goods or services without the use of money. 
100
What is a powerful tool when you are negotiating? 
What is being quiet
100

What is a tip to make your money go farther?

What is negotiating for a lower price, buying clothing at the end of a season, comparison shopping, etc. 

100

20% off of $50

What is $10

200

What is the "If I take-away" technique?
What is negotiating the best price possible, and then throwing something else into the deal.  
200
Define what a foreclosure is.  
What is the process by which a mortgage holder sells a property of a homeowner who has not made payments.  
200
What should you use to negotiate with to gain more bargaining power? 
What is cash. 
200
How do you know that most items at a pawnshop are NOT stolen? 
The stores have the police check that the items are not stolen.  
200

35% off of $20

What is $7.00

300
What words describe the power of cash? 
What is emotional, visual, and immediacy
300
What is integrity?
What is it has to do with honesty and moral attributes.  
300
What causes a person to lose bargaining power? 
What is being married (emotional attachment) to it. 
300

What is a good place to find a deal? 

What is auction, estate sale, thrift shop, consignment store, individuals, online garage sale sites, etc. 
300

$10 off an item of $110, then a 30% discount

What is 70%

400

When you are bargaining at a store but you are unable to negotiate the price down. What is your next step? 

Walk away
400
What is an auction?
What is a public sale of property where something is sold to the highest bidder.  
400
When is it okay for you to stretch the truth when you are negotiating? 
What is never.  
400
At what type of shop do people sell items and the owner of the shop gets a percentage of the sale? 
What is a consignment shop. 
400

Rebate of $100 on an item costing $500 with 20% discount

What is $300

500

The only way the 7 rules work

What is use them

500
Define cost-benefit analysis. 
What is the process of quantifying costs and benefits of a decision. 
500
What is it called when you bargain for a lower price.  
What is to negotiate. 
500
What is a type of yard sale called that usually has the entire contents of a household called? 
What is an estate sale? 
500

$100 discount on an $800 item, rebate of $200, then 50% discount on top of another 10% for being a good negotiator 

What is $115