Business Studies, asked by shamich997, 6 months ago

What is difference between hire purchase sales and credit sales? Which one is best system and why?

Answers

Answered by sanikasawalkar773

0

Answer:

(a) the goods involved in the credit sales are as interpreted in the Act; (b) the credit payment involves payment by installment; but does not include sales where full payment is made via credit card. ... Both credit sale and hire purchase are thus common but different methods of supplying goods under a credit agreement.

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