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The hirer under hire purchase agreement may lose goods when:

The hirer under hire purchase agreement may lose goods when:
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Payments are completed fully
  • B Instalments remain unpaid continuously
  • C Ownership transfers completely
  • D Products are insured properly
Correct Answer: Option B
Explanation:
If the hirer defaults repeatedly in payment, the owner has legal right to repossess the goods.

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