hire purchase agreement (Meaning)
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hire purchase agreement ()
Alt. of Hire and purchase agreement
Synonyms & Antonyms of hire purchase agreement
No Synonyms and anytonyms found
hire purchase agreement Sentence Examples
- The hire purchase agreement clearly outlines the terms and conditions of the contract.
- Customers must carefully read the hire purchase agreement before signing to fully understand their obligations.
- The total cost of the item under the hire purchase agreement includes interest charges and other fees.
- The customer becomes the legal owner of the item upon completing all payments stipulated in the hire purchase agreement.
- Missed payments under a hire purchase agreement can lead to penalties and repossession of the item.
- The sale of an item on hire purchase agreement is subject to the approval of the lender.
- The seller retains ownership of the item until the hire purchase agreement is fully executed.
- Customers should ensure they can afford the monthly installments specified in the hire purchase agreement.
- Breaking the terms of a hire purchase agreement can result in legal consequences.
- Hire purchase agreements provide an alternative financing option for those who may not be able to purchase an item outright.
FAQs About the word hire purchase agreement
Alt. of Hire and purchase agreement
No synonyms found.
No antonyms found.
The hire purchase agreement clearly outlines the terms and conditions of the contract.
Customers must carefully read the hire purchase agreement before signing to fully understand their obligations.
The total cost of the item under the hire purchase agreement includes interest charges and other fees.
The customer becomes the legal owner of the item upon completing all payments stipulated in the hire purchase agreement.