MCQOPTIONS
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				| 1. | 
                                    In a __________ transaction the goods are let on hire the purchase price is to be paid in installment and hirer is allowed an option to purchase the goods by paying all the installment | 
                            
| A. | hire purchase | 
| B. | credit purchase | 
| C. | lease purchase | 
| D. | installment purchase | 
| Answer» B. credit purchase | |