A option to buy a thing an agreement of hiring is called

cash system

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instalment system

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hire purchase system

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credit system

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Solution

The correct option is C hire purchase system
A option to buy a thing an agreement of hiring is called hire purchase system.

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Similar questions

Q. In case of Hire purchase Agreement during the hiring period.

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A company was entered in hire purchase agreement and had to pay Rs 1,000 per month. Three payments were made via bank account but no entry was found in cash book. Identify the correct adjustment in cash book.

Q. A company had entered in hire purchase agreement and had to pay Rs 1000 per month. Three payment were accounted for in the pass book but no entry was found in cash book. ldentify the correct adjustment in cash book.

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A option to buy a thing an agreement of hiring is called

The correct option is C hire purchase systemA option to buy a thing an agreement of hiring is called hire purchase system.

The correct option is C hire purchase system
A option to buy a thing an agreement of hiring is called hire purchase system.