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How to barter at a local market
Contributed by: Black
  • 1. What is the core principle of bartering?
A) Paying with cryptocurrency.
B) Exchanging goods/services directly without money.
C) Writing checks.
D) Using credit cards.
  • 2. Before you start bartering, what should you do first?
A) Assess the value of your own goods/services.
B) Immediately offer the lowest price.
C) Start arguing loudly.
D) Run away from the stall.
  • 3. What is a good opening tactic when bartering?
A) Ignoring the vendor completely.
B) Insulting their wares.
C) Offering an unreasonable amount.
D) Express genuine interest in the vendor's offerings.
  • 4. What is a 'sweetener' in bartering?
A) Adding a small item or service to make the deal more appealing.
B) A sugary drink offered to the vendor.
C) Using exaggerated flattery.
D) Threatening the vendor.
  • 5. When should you be prepared to walk away?
A) After you insult the vendor.
B) If you can't reach a mutually agreeable exchange.
C) When you've successfully cheated the vendor.
D) Immediately upon arriving.
  • 6. What is an important aspect of respectful bartering?
A) Maintaining a friendly and positive attitude.
B) Being aggressive and demanding.
C) Stealing things.
D) Ignoring the vendor's opinion.
  • 7. Why is researching the market beforehand helpful?
A) To understand the typical value of goods.
B) To plan a robbery.
C) To learn how to complain the loudest.
D) To find the cheapest items to buy.
  • 8. What does 'meeting in the middle' mean in bartering?
A) Agreeing to disagree.
B) Compromising on a price or exchange value.
C) Refusing to budge from your initial offer.
D) Literally meeting in the physical middle of the market.
  • 9. What should you do if you are unsure about the value of an item?
A) Offer an impossibly low price.
B) Ask other vendors for their opinion.
C) Pretend to know everything.
D) Steal it and hope for the best.
  • 10. What is the risk of being too aggressive while bartering?
A) The vendor may refuse to deal with you.
B) Everyone will admire your toughness.
C) You'll always get the best price.
D) You'll be rewarded with free gifts.
  • 11. Which of these is a poor bartering strategy?
A) Being dishonest about the quality of your goods.
B) Highlighting the unique qualities of your offerings.
C) Bundling items to increase value.
D) Offering a service in exchange for goods.
  • 12. What is a potential benefit of bartering beyond just saving money?
A) Building relationships with local vendors.
B) Becoming a millionaire overnight.
C) Alienating everyone around you.
D) Getting arrested for theft.
  • 13. What is the importance of timing in bartering?
A) Timing doesn't affect bartering.
B) Lunchtime is always the best time.
C) Vendors are never flexible.
D) End of day might yield better deals.
  • 14. What is the best way to start the bartering conversation?
A) Snatching the item and running.
B) Yelling about how expensive everything is.
C) Demanding a discount immediately.
D) Politely inquiring about the item's price or value.
  • 15. What is a common misconception about bartering?
A) That it always results in a fair exchange.
B) That it's illegal.
C) That it's only for people who can't afford to pay with money.
D) That it's the easiest way to get rich.
  • 16. Which of the following is NOT a good item to offer for barter?
A) Homemade crafts.
B) Gardening services.
C) Stolen goods.
D) Home-baked goods.
  • 17. Why is it important to be patient when bartering?
A) The faster you barter, the better the deal.
B) Reaching an agreement can take time and negotiation.
C) Vendors always give in immediately.
D) Patience doesn't matter in bartering.
  • 18. What is the best way to handle a situation where a vendor refuses to barter?
A) Report them to the authorities.
B) Respect their decision and move on.
C) Steal something from their stall.
D) Argue with them until they give in.
  • 19. What is a 'barter economy'?
A) An economy where everything is free.
B) An economy based solely on gold.
C) An economy where goods and services are exchanged directly.
D) An economy with no trade at all.
  • 20. What's a good strategy for bartering if you have multiple similar items?
A) Refuse to sell more than one.
B) Increase the price for each additional item.
C) Offer a discount for buying in bulk.
D) Pretend each item is unique and valuable.
  • 21. What is the most important skill to develop for successful bartering?
A) Effective communication.
B) Yelling louder than everyone else.
C) The ability to lie convincingly.
D) Physical strength.
  • 22. Why is it a good idea to know your competition's prices?
A) To leverage a better deal with another vendor.
B) To sabotage your competition.
C) To become a bully.
D) To start a price war.
  • 23. What should you do after successfully bartering?
A) Run away without saying anything.
B) Thank the vendor for their time and cooperation.
C) Immediately try to resell the item for a profit.
D) Brag about your deal to everyone.
  • 24. What is a potential downside of bartering?
A) Becoming rich quickly.
B) Having no need for money.
C) Finding someone who wants what you have and has what you want.
D) Always getting the best deals.
  • 25. What should you do if you damage something while bartering?
A) Pretend it didn't happen.
B) Offer to pay for the damage or compensate the vendor.
C) Blame someone else.
D) Run away.
  • 26. How can you build trust with vendors?
A) By being secretive and evasive.
B) By stealing from them occasionally.
C) By threatening them if they don't give you a good deal.
D) By being honest and reliable in your transactions.
  • 27. What is a good way to find opportunities to barter?
A) Only go to fancy stores.
B) Hide in your house and hope for the best.
C) Look for local markets, community events, or online barter groups.
D) Wait for people to come to you.
  • 28. What kind of goods or services are generally easier to barter?
A) Those that are illegal.
B) Those that are broken or useless.
C) Those in high demand or limited supply.
D) Those that are readily available everywhere.
  • 29. When bartering for a service, what's important to clarify?
A) The scope, duration, and quality of the service.
B) That the service provider is not allowed to ask questions.
C) That you don't actually intend to pay for the service.
D) That you're superior to the service provider.
  • 30. What is the overall goal of bartering?
A) To start a fight.
B) To win at all costs.
C) To reach a mutually beneficial agreement.
D) To cheat the other person out of their valuables.
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