Which of the Following Is an Example of a Conditional

question 42

Multiple Choice

Which of the following is an example of a conditional sale?

• A)Black's Autos sells a car to Andy Delmore, with a term that ownership doesn't transfer until the last payment.
• B)Black's Autos sells a car to Andy Delmore and Delmore gives Black's a lien on the car until the last payment is made.
• C)Black's Auto leases a car to Andy Delmore who has the right to buy the car at the end of the lease.
• D)Black's Autos sells a car to Andy Delmore with a term that Black's has a floating charge on the car.
• E)Black's Autos sells a car to Andy Delmore and assigns the debt to a finance company.

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