asked 217k views
0 votes
Characteristics of hire purchase contract

asked
User Dahe
by
8.1k points

1 Answer

4 votes

Answer:

Step-by-step explanation:

The payment is to be made by the hirer (buyer) to the hiree, usually the vendor, in installments over a specified period of time. The possession of the goods is transferred to the buyer immediately.

answered
User Petr Matousu
by
7.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.