Yahaya bought a piece of furniture on a credit sale agreement from Ahmed and resold...

COMMERCE
JAMB 2012

Yahaya bought a piece of furniture on a credit sale agreement from Ahmed and resold it to Ali before all installments were made .The court upheld that Ahmed could not recover possession of the items from Ali. The reason for the judgement was because

  • A. ownership was transfered on completeion of installment
  • B. ownership was transfered on delivery
  • C. Yahaya could not pass title to a third party
  • D. Ali was still indebted to Yahaya

Correct Answer: B. ownership was transfered on delivery



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.