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WAEC SSCE - Commerce - 2014 (Objective)

Question 1 Report

In a hire purchase contract, the customer becomes the legal owner of the goods by
Answer Details
In a hire purchase contract, the customer does not become the legal owner of the goods until they have fulfilled certain conditions. These conditions can vary, but typically involve making a certain number of payments or paying a certain amount of money. Once these conditions are met, the customer becomes the legal owner of the goods. In most cases, the customer will become the legal owner of the goods after making the last installment payment.
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