B,a Car Dealership,sells a A Car on Terms That Provide

Multiple Choice

B,a car dealership,sells A a car on terms that provide that A will have possession of the car for a period of three years,during which A will make monthly payments; however,ownership in the car remains with the dealership until A makes the last payment.In this case,A and the dealership have effected

A) a conditional sale.
B) a consignment.
C) a chattel lease.
D) a chattel mortgage.
E) a floating charge.