WAEC Commerce 2013 Objective — Question 5
Question 5 of 50 from the West African Examinations Council (WAEC) Commerce 2013 Objective paper, with the correct answer and a full explanation.
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Which of the following will be suitable for hire purchase sale?
- A. Shares
- B. RefrigeratorCorrect
- C. Shores
- D. Textile
Explanation
Since a refrigerator can last for a long time with little depreciation, it is suitable for hire purchase, as the seller can take it back in case of default by the buyer.
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