- 1 Marks
BL – Nov 2019 – L1 – SA – Q15 – Hire Purchase and Consumer Credit Transactions
Identifies when a third party acquires good title in a hire purchase contract.
Question
In hire purchase contract, in which of the following circumstances will a third party acquire a good title to the goods?
A. Where the hirer knows the third party
B. Where the owner is not informed
C. Where the third party knows the owner
D. Where the owner and hirer disagree
E. Where the hirer has completed payment of instalments
Find Related Questions by Tags, levels, etc.
- Tags: Good Title, Hire Purchase, Third-Party Rights
- Level: Level 1
- Topic: Hire Purchase and Consumer Credit Transactions
- Series: NOV 2019
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