Hire purchase is equal to
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Hire-purchase is a credit purchase.
The price under hire-purchase system is paid in instalments.
The goods are delivered in the possession of the purchaser at the time of commencement of the agreement.
Hire vendor continues to be the owner of the goods till the payment of last instalment.
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Answer:
hire purchase means the total amount which is payable by the hire-purchaser under the agreement.
Explanation:
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