difference between hire purchase and sales
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Hire purchase
Hire purchase is a way of buying goods gradually. You make regular payments until you have paid the full price and the goods belong to you. The abbreviation HP is often used.
Sales
The number of goods, products, or services that a company sellswithin a certain time period.
Hire purchase is a way of buying goods gradually. You make regular payments until you have paid the full price and the goods belong to you. The abbreviation HP is often used.
Sales
The number of goods, products, or services that a company sellswithin a certain time period.
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Hire purchase is a settlement for purchasing high-priced consumer goods, where the customer does a primary down payment and pays the excess plus interest in installments. The word hire purchase is generally practiced in the United Kingdom and it's more ordinarily identified as an installment method in the United States.
Sales are actions associated with selling or the number of goods or services traded in a contracted time period. Selling is the ultimate stage in marketing which sets the plan into conclusion, which also comprises pricing, advertising, position, and outcome.
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