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WAEC Commerce 2017 Objective — Question 22

Question 22 of 50 from the West African Examinations Council (WAEC) Commerce 2017 Objective paper, with the correct answer and a full explanation.

22. In a hire purchase agreement, the buyer is the

A. A. agent
B. B. hireCorrect
C. C. lessee
D. D. lessor

Explanation

The buyer in a hire purchase agreement is also the hire.

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