43
A hire purchase transaction becomes a sale when the hirer
- A. pays full cost of the goods
- B. agrees with the hire purchase terms
- C. takes possession of the goods
- D. pays part of the instalments
44
The price of an item is N 300 with a trade discount of 20%, What is the selling price?
- A. N180
- B. N240
- C. N300
- D. N360
- E. no option