Grade 1 · lesson 1 of 4

Buyer Seller and Payment

Match the cards using the notes about Buyer, Seller, Price and Payment.

About 10 minutes, plus any extended practice

Download the grade pack

Supplied materials

  • Paper and pencil; drawing or spoken answers are welcome.
  • Topic notes: Buyer: the person obtaining the item or service. Seller: the person or business offering the item or service. Price: the stated amount charged for an item or service. Payment: the amount actually given in the stated exchange.
  • Original exercise cards: A fictional customer purchases a loaf. / A fictional shop offers bread for sale. / A fictional sign says one loaf costs $3. / A fictional customer hands over $3 for the loaf. / A repair shop offers its labor for payment. / A shop lists a $5 repair charge. / A customer transfers $5 after the stated repair. / A customer pays for a bicycle repair.

Learn the idea

A buyer obtains a good or service. A seller offers it in exchange for payment. A price states how much is asked for one item or service. Payment completes the stated exchange; a price label alone does not prove an item was purchased.

Buyer: the person obtaining the item or service. Seller: the person or business offering the item or service. Price: the stated amount charged for an item or service. Payment: the amount actually given in the stated exchange.

Find who buys, who sells, the listed price or the payment actually made. Ask an adult to read the notes and cards aloud. Point, draw or say your answer.

  1. Ask an adult to read the four notes. Find the words Buyer, Seller, Price, Payment.
  2. Find who buys, who sells, the listed price or the payment actually made.
  3. Read the worked answer. Then try the other cards and explain which words helped you choose.
  4. Point to, draw or say two different examples: one for Buyer and one for Seller. Explain how their clues differ.
Worked example

See the method in action

Worked example: The card says: “A fictional customer purchases a loaf.” That matches Buyer. Buyer is the person obtaining the item or service. Compare the note for Price: Price is the stated amount charged for an item or service. That is a different clue.

Your turn

Check your reasoning

Your answer is temporary and is not saved to an account. Download your current answer before leaving or reloading. Written work on paper or in another app stays in your own file.

Helpful tips
  • Find who buys, who sells, the listed price or the payment actually made.
  • If you are unsure, ask an adult to read the card again. Match what this card says; do not add a new event or detail.
Use the notes and this card. A fictional shop offers bread for sale. Which choice best fits?

Feedback appears here after you check. This is practice, not a graded school assessment.

See the answer and explanation

Seller

The card says: “A fictional shop offers bread for sale.” That matches Seller. Seller is the person or business offering the item or service.

Take it further

New card: “A customer pays for a bicycle repair.” Match it with a note, then point to or say the words that helped. Check: The card says: “A customer pays for a bicycle repair.” That matches Buyer. Buyer is the person obtaining the item or service.

Nothing here is saved to an account or sent to a teacher. The answer download includes your current choice and any checked feedback. It does not include choices from the separate More practice section. Download that section separately.

More practice: try new cases

Choose an answer for each problem. Explain your method on paper, then use the feedback to decide what to revisit.

More practice: try new cases
1. Use the notes and this card. A fictional sign says one loaf costs $3. Which choice best fits?
Need a hint?
  • Find who buys, who sells, the listed price or the payment actually made.
  • Find the note for Price. Check which words in this card match it.
2. Use the notes and this card. A fictional customer hands over $3 for the loaf. Which choice best fits?
Need a hint?
  • Find who buys, who sells, the listed price or the payment actually made.
  • Find the note for Payment. Check which words in this card match it.
3. Use the notes and this card. A repair shop offers its labor for payment. Which choice best fits?
Need a hint?
  • Find who buys, who sells, the listed price or the payment actually made.
  • Find the note for Seller. Check which words in this card match it.

Your choices are temporary. Feedback appears after you check all the answers.

Nothing here is saved to an account or sent to a teacher. Keep your own notes or download them before leaving. The score describes these questions; it does not certify subject mastery.

Check the subject sources

These LifeStarter passages, scenarios and exercises are authored for this Academy with AI assistance and review. External resources keep their publishers’ terms. A grade label suggests a starting level; it does not establish alignment with your school’s complete requirements.