Answer: B

Explanation: The correct answer is B, “Title.” In a hire purchase agreement, the hirer takes possession of the goods immediately, but the legal ownership (title) remains with the seller until all payments are completed. This is a defining feature of hire purchase contracts, which separates it from a sale agreement where the title is transferred immediately.

Rundown: The selected answer “B” was chosen because hire purchase agreements defer the transfer of title until the final payment is made, which distinguishes them from outright sales where the title is transferred at the point of sale.