- 1 Marks
BL – May 2014 – L1 – SA – Q9 – Sale of Goods
Assessing an agreement to buy goods by installments and transfer ownership.
Question
An agreement to buy goods and subsequently pay for it by installments on the term that ownership will pass when the final installment is paid is:
A. A credit sale
B. A hire purchase
C. A conditional sale
D. An outright sale
E. A provisional sale
Find Related Questions by Tags, levels, etc.
- Tags: Installment Sale, Ownership, Sale of Goods
- Level: Level 1
- Topic: Sale of Goods
- Series: MAY 2014
Report an error