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What are the salient features of Hire Purchase?

Anonymous

∙ 15y ago

Updated: 9/17/2023

Ownership rests with the seller until all the installments have been paid. It is an arrangement between seller and buyer of goods, normally consumer appliances, wherein the buyer agrees to pay the price over a period of time, in agreed installments, along with finance cost.

Wiki User

∙ 15y ago

What else can I help you with?

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