Explanation:

- Option 1: Sale of goods

- Involves a transfer of ownership of goods from a seller to a buyer.

- The buyer pays a price for the goods, and they get to keep them.

- Option 2: Hire purchase

- A buyer pays for goods in installments.

- Ownership is transferred only after the final payment.

- Option 3: Agreement to sell

- A future transaction where the transfer of ownership is going to occur at a later date.

- Conditions must be fulfilled for the sale to be completed.

- Option 4: Bailment

- One person gives goods to another for a specific purpose.

- The goods are to be returned or disposed of after fulfilling the purpose.

- Correct answer: Bailment

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