ICANBusiness LawSale of Goods and Hire Purchase2020

Alhaji Bako entered into a Hire Purchase agreement for a commercial delivery van with a total Hire Purchase Price of ₦8,000,000. He paid a deposit and subsequent installments totaling ₦4,200,000, but defaulted on the next two monthly installments. What is the owner's legal remedy regarding repossession of the van under the Hire Purchase Act Cap H4 LFN 2004?

AThe owner can repossess the van forcibly without court intervention because the hirer is in default
BThe owner must obtain a court order before enforcing any right to recover possession of the vanCORRECT
CThe hire purchase agreement automatically converts into an unsecured simple loan contract
DThe owner may repossess the van and terminate the contract, forfeiting all ₦4,200,000 paid without restriction
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Why the answer is B, and why the others tempt you.
Under Section 9(1) of the Hire Purchase Act Cap H4 LFN 2004, where the hirer has paid or tendered at least one-half (50%) of the hire purchase price (here, ₦4,200,000 paid out of ₦8,000,000 is 52.5%), the owner shall not enforce any right to recover possession of the goods otherwise than by action in court.
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