A transaction where the buyer of a commodity becomes its legal owner after the payment of the last installment is - SchoolNGR

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A transaction where the buyer of a commodity becomes its legal owner after the payment ...

A transaction where the buyer of a commodity becomes its legal owner after the payment of the last installment is

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A A credit sale
B Factoring
C Hire purchase
D Leasing

Correct Answer: Option C

Explanation:

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