The difference between hire purchase price and the cash price is called ______
A) hire charges
B) cost of the asset
C) installment price
D) cash price
Correct Answer:
Verified
Q7: Nature of hire purchase agreement is _.
A)agreement
Q8: In case of Hire-Purchase the total sum
Q9: Under _ system the buyer does not
Q10: _ means the price at which the
Q11: _ is the initial payment made at
Q13: In order to deal with the re
Q14: Hire Purchase price =
A)cash price + down
Q15: Cash Price =
A)hire purchase price - total
Q16: Which of the following statement is false:
A)a
Q17: Which of the following are the characteristics
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