1
You visited us
1
times! Enjoying our articles?
Unlock Full Access!
Byju's Answer
Standard XII
Business Studies
Selling Concept
What is the n...
Question
What is the name of the buyer under hire purchase system?
A
hirer
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
buyer
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
debtor
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
hire vendor
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is
A
hirer
Hirer is the name of the buyer under hire purchase system.
Suggest Corrections
0
Similar questions
Q.
What is the name of the seller under hire purchase system?
Q.
In a hire purchase scheme the buyer gets the owner ship at what point?
Q.
Under hire purchase system who has the right of sell
Q.
When does the asset legally belong to the purchaser under a hire purchase agreement?
Q.
What is hire purchase scheme?
View More
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
Related Videos
Marketing Management
BUSINESS STUDIES
Watch in App
Explore more
Selling Concept
Standard XII Business Studies
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
AI Tutor
Textbooks
Question Papers
Install app