A. Customer pays initial deposit
B. Customer pays purchase price plus interest
C. Payment is by instalment
D. Ownership of goods passes to the customer on payment of a deposit
E. Generally suitable for sales of durable goods

Correct Answer:

Option D – Ownership of goods passes to the customer on payment of a deposit

Copyright warnings! Do not copy.

 

Earn Your Degree In 3 Years Without Writing UTME. Click Here To Learn More.