Question 19

Which of the following is not a feature of hire purchase?

  • A.Customer pays initial deposit
  • B.Customer pays purchase price plus interest
  • C.Payment is by instalment
  • D.Ownership of goods passes to the customer on payment of a deposit
  • E.Generally suitable for sales of durable goods
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
1998
Question no.
#19
Type
Objective

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