in a hire purchase agreement, the buyer is the
Question 1 Report
in a hire purchase agreement, the buyer is the
Answer Details
In a hire purchase agreement, the buyer is referred to as the "hirer." The hirer is the person who enters into an agreement to pay for the use of an item, usually over a period of time, with the option to purchase the item at the end of the agreement. In other words, the hirer rents the item with the intention of eventually owning it.
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