passwella.
Menu

WAEC Commerce 2008 Question 12

Question 12

Law of Contract

An agreement whereby the seller transfers or agrees to transfer the property in goods for a monetary consideration is a

  1. A.contract of sale
  2. B.hire purchase
  3. C.conditional sale
  4. D.party selling.
Show the answer and explanation

Answer: A (contract of sale)

Explanation

This is the legal definition of a contract of sale.