Business Studies, asked by mdsamsuddin213, 10 months ago

what is meant by hire purchase system​

Answers

Answered by Alina1076
1

Answer:

Hire purchase system refers to the system wherein, the seller of goods delivers the goods to the buyer without transferring the ownership of goods. The payment for the goods will be made by the buyer in instalments.

Answered by afnanbaig46
0

Answer:

if you like this answer select as brainliest and follow me ❤❤

Explanation:

a system by which one pays for a thing in regular instalmentsinstalments while having the use of it.

Similar questions