Multiple choice

In which form of the contract, the property in the goods passes to the buyer immediately

  1. agreement to sell

  2. hire purchase

  3. sale

  4. installment to sell
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In a sale, ownership transfers immediately to the buyer. An agreement to sell is a promise to transfer ownership later, while hire purchase and installment plans involve deferred ownership until payment completion.

Keep practicing — related questions