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When was the Origin or development of hire purchase?
origin and development of hire purchase
What are the benefits of car finance hire purchase compared to other financing options?
Car finance hire purchase offers benefits such as lower interest rates, fixed monthly payments, and ownership of the vehicle at the end of the term. This option may be more accessible to those with lower credit scores compared to other financing options.
What are the advantages of hire purchase as a source of finance?
Hire purchase can give the good profit,
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.
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.
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 are the benefits of opting for a hire purchase car over traditional financing options?
Opting for a hire purchase car can be beneficial because it allows you to drive a car without paying the full price upfront. You can spread the cost over time through monthly payments, making it more affordable. Additionally, you may have the option to purchase the car at the end of the agreement.
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).
What is the meaning of hp?
Hire Purchase
Hire purchase?
Paying in instalments
