| A | B |
|---|
| you do not have to be the first in line to get | the best deal |
| auction, consignment shop, individuals are all | best ways to get a deal |
| this can be described as emotional, visual and immediate | cash |
| if you are not comfortable with the price and can't get the store to negotiate you should | walk away |
| your choices as a consumer have an effect on | both yourself and the larger social environment |
| technique that involves negotiating the lowest price possible, then throwing something else into the deal | "If I" take away technique |
| the FTC found that people who reported having more debt than they could handle were more likely to be victims of consumer fraud involving | Credit repair and debt consolidation |
| Find an uninformed buyer and charge the highest price possible | what NOT TO DO when selling something you own |
| As a consumer, to ensure the best possible store return process, you should | keep receipt/labels, return item asap, familiarize yourself with store's return policies |
| buying only name-brand products will not help you | make your money go further |
| Familiarize yourself with the item you want to purchase,, Don't get caught up in the excitement, set a spending limit | things you must do before purchasing at an auction |
| when negotiating remember that great deals never happen by | accident |
| using this gives you more bargaining power than using credit | CASH |
| being emotionally attached o a purchase will cause you to lose | bargaining power |
| contrary to popular belief most items in THIS type of store are NOT stolen | pawnshop |
| a powerful tool in negotiation | learning to be quiet |
| Shopping for bargains is part of a healthy financial plan because | it makes your money go further |
| you should never do this when bargaining | lie |
| Excluding this country, most countries use negotiating as a way of life | U.S. |
| making informed choices usually help a consumer do this | save money |
| If you're trying to buy something it is not your job to | come up with a good price |
| a negotiating tool that you should be aware of | The good guy, bad guy technique |
| cess 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 | Foreclosure |
| difference between the wholesale price and the retail price | Markup |
| ing to do with a person's honesty and moral attributes | Integrity |
| e of yard sale with more items, usually the entire contents of a household | Estate sale |
| ail store where people sell items and the owner of the shop gets a percentage of the sale | Consignment shop |
| process of quantifying costs and benefits of a decision | Cost-benefit analysis |
| ublic sale in which property or items of merchandise are sold to the highest bidder | Auction |
| To bargain for a lower price | Negotiate |
| The exchange of goods or services without the use of money | Barter |
| The ability to walk away from a purchase when negotiating | Walk-away power |
