Archive | Hire Purchase

Hire-Purchase: Meaning, Features and Legal Position

After reading this article you will learn about Hire-Purchase:- 1. Meaning of Hire Purchase 2. Features of Hire Purchase 3. Legal Position 4. Method of Computing. Meaning of Hire Purchase: Hire purchase means a transaction where goods are purchased and sold on the terms that: (i) Payment will be made in installments, (ii) The possession […]