A. hire purchase
B. mutual understanding
C. credit sale
D. leasing
Correct Answer:
Option C – credit sale
Explanation
This is the transfer of goods and services from seller to a buyer without any value being given immediately in return.
A. hire purchase
B. mutual understanding
C. credit sale
D. leasing
Correct Answer:
Option C – credit sale
Explanation
This is the transfer of goods and services from seller to a buyer without any value being given immediately in return.
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