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In a hire purchase contract, the customer becomes the legal owner of the goods by

Commerce
WAEC 2014
In a hire purchase contract, the customer becomes the legal owner of the goods by
  • A. paying the last installment
  • B. paying the first installment
  • C. taking possession of the goods
  • D. paying half the purchase price
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Correct Answer: Option A
Explanation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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