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Q: How many Parties are involved in hire purchase transaction?
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Related questions

What are the differences between hire purchase transaction and deferred payment?

give three similarities and three difference between hire purchases and deferred payment


When was the Origin or development of hire purchase?

origin and development of hire purchase


How do you you sell and transfer a land deed in another state?

You hire an attorney in the other state to handle the transaction for you, or, you hire a local attorney who has a contact in that other state. Deeds should be drafted by legal professionals.You hire an attorney in the other state to handle the transaction for you, or, you hire a local attorney who has a contact in that other state. Deeds should be drafted by legal professionals.You hire an attorney in the other state to handle the transaction for you, or, you hire a local attorney who has a contact in that other state. Deeds should be drafted by legal professionals.You hire an attorney in the other state to handle the transaction for you, or, you hire a local attorney who has a contact in that other state. Deeds should be drafted by legal professionals.


Not for hire on your tow truck in philadelphia?

If you're hiring out to third parties, then you are for hire.


What are the advantages of hire purchase as a source of finance?

Hire purchase can give the good profit,


Compare and contrast sale of goods and hire purchase?

Sale of goods... is a single transaction. Once the customer pays for the goods - s/he is free to leave the store, and the item(s) belong(s) to the customer outright. Hire purchase... is an ongoing transaction. The customer signs an agreement to pay for the goods over a period of time. Although the customer is free to take the goods from the shop, the goods are the property of the business until the final instalment has been paid.


Advantage of hire purchase?

One advantage of hire process is that it allows low-income individuals to purchase items that would otherwise be out of their budget. Hire purchase is also known as installment plan.


Why would a company use hire purchase?

The legal term for hire purchase is a contract. Companies may prefer using hire purchase because it spreads the costs of expensive items over a period of time.


What means repossesion as regard to hire purchase?

If a company fails to make it's repayment under the hire purchase agreement then the loan providers can tale the goods bought under the hire purchase as settlement for the loan.


What is the explanation for the features of hire purchase system?

higher purchase


Solve you a problem on hire purchase system?

caluculation of intrest under hire purchase system


What is the adjective for hire?

The verb to hire has the participle adjectives hiring and hired. For the noun hire, it can be used as a noun adjunct (hire car, hire purchase).