33. Under hire purchase system, the agreement can be-----
Answers
Answer:
terminated
Explanation:
In terms of the agreement- The hire-purchase agreement stipulates the circumstances in which the agreement can be terminated. The agreement is generally terminated by return of the goods by the hirer, notice of termination by the owner on account of hirers breach of conditions or notice of termination by the hirer.
Answer:
The question which the user might be asking is -"Under hire purchase system, the agreement can be-----
A. renewed
B. registered
C. terminated
D. endorsed.
and the answer to which is- C. terminated
Explanation:
Hire-purchase agreement
In terms of the agreement- The hire-purchase agreement stipulates the circumstances in which the agreement can be terminated.
This agreement is generally terminated by return of the goods by the hirer, notice of termination by the owner on account of hirers breach of conditions or notice of termination by the hirer.