A sale agreement whereby the buyer takes possession but not title to the goods is
- credit purchase
-
hire purchase
- auction sales
- direct sales
The correct answer is: B
Explanation
A hire purchase is an agreement whereby a buyer is allowed to take possession of a product after making an initial down payment, and will only take full ownership of the product when it has been paid for in full. The payment is usually done on installment either daily, weekly, monthly, or bi-monthly