Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Commerce
  6. /
  7. 2008
  8. /
  9. Q11
Question 11

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

  • A.a credit sale
  • B.factoring
  • C.hire purchase
  • D.leasing
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
2008
Question no.
#11
Type
Objective
Previous · Q10If a ship overstays its stipulated time at a port, it pays a charge known as Next · Q12 An agreement whereby the seller transfers or agrees to transfer the property in…

More from this paper

  • Q7The charges imposed by the government on locally manufactured goods is called
  • Q8A grocer invoiced a carton of fish valued at #2,500 for #2,000 only. To correct…
  • Q9The exchange of goods and services among many countries is
  • Q13The main purpose of sending delivery notes along with goods is to
  • Q14A shop that sells only products of a particular manufacturer is known as
  • Q15Which of the following statements cannot be found in a partnership deed?
See all Commerce 2008 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy