Question:

Under hire purchase system, the agreement can be ________ at any time.

Updated On: Dec 14, 2024
  • Renewed
  • Registered
  • Terminated
  • Endorsed
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The Correct Option is C

Solution and Explanation

Under the hire purchase system, the agreement can be terminated if the buyer fails to fulfill the payment terms or decides not to continue with the purchase. This protects the seller’s interests.

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