Transfer of ownership of goods sold under Hire Purchase System takes place when _____ paid.

Commerce

NECO 2005

A. a deposit is
B. a quarter of the total price is
C. half of the total price is
D. the final instalment is
E. two instalment have been

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Correct Answer: Option D

Explanation

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Transfer of ownership of goods sold under Hire Purchase System takes place when _____ paid.

Correct Answer: Option D

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