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:In the contract of sale of goods,"let the buyer…Recognition of profit when goods are sold and the…The buyer in a higher purchase contract becomes the…In which of the following do the goods become the…When a buyer returns damages goods to the seller,…