What is a hire purchase agreement?
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What is a hire purchase agreement?
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Hire purchase is an agreement whereby the purchaser of an asset pays to the seller instalments consisting of partial repayment together with interest charges The asset is not owned legally by the purchaser until the final instalment ...View the full answer
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Related Book For
Cambridge International As And A Level Accounting Revision Guide
ISBN: 9781444192001
1st Edition
Authors: Ian Harrison, Michael Hillman
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