Which of the following is not included in the hire purchase agreement ?
A) Interest rate
B) Instalment amount
C) Methods for depreciation
D) Number of Instalment
Correct Answer:
Verified
Q13: Cash price of asset + Interest =_price
A)Contract
B)Market
C)After
Q14: Under hire-purchase system the amount of interest
Q15: At the end of the year, the
Q16: In which of the following method of
Q17: By deducting cash price from the contract
Q19: In case of Hire purchase system, Interest
Q20: Under the Hire purchase system, goods are
Q21: Interest is calculated on_ under hire purchase agreement.
A)Cash
Q22: Under the Hire purchase system, ownership of
Q23: In case of Hire purchases, the depreciation
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents