Vocabulary terms from Chapter 8
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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Auction | public sale in which property or items of merchandise are sold to the highest bidder
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Consignment Shop | retail store where people sell items and the owner of the shop gets a percentage of the sale.
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Estate Sale | type of yard sales with more items, usually the entire contents of a household
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Foreclosure | 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
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Integrity | having to do with a person’s honesty and moral attributes
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Markup | the difference between the wholesale price and retail price
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Negotiating | to bargain for a lower price
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Patience | the ability to wait or delay an action without becoming upset or annoyed
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Walk Away Power | the ability to walk away from a purchase when negotiating
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Win-Win | a negotiation where both parties benefit
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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