A contract of sale where ownership passes to the buyer on the first installment is known as? By: Sunday|Published on: Jun 2|Categories: 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:When a buyer returns damages goods to the seller,…Goods that are manufactured or acquired by the…The buyer in a higher purchase contract becomes the…A transaction where the buyer of a commodity becomes…In the contract of sale of goods,"let the buyer…SEE ALSO Which of the following is not a means of effecting payment through current account?