A contract of sale where ownership passes to the buyer on the first installment is known as? by Sunday | Jun 2 | Commerce WAEC | 0 comments A. hire purchase B. lease C. cash on delivery D. credit sale Correct Answer: Option D D. credit sale Users Also Read These:The buyer in a higher purchase contract becomes the…A sale agreement whereby the buyer takes possession…Which of the following is used to inform the buyer…In which of the following do the goods become the…SS3 First Term Financial Accounting Lesson Note –…