Kamaldeen is a seller in a hire-purchase agreement with Emeka. By law, Kamaldeen cannot recover the hire purchased goods. This is an instance of a restricti...
Kamaldeen is a seller in a hire-purchase agreement with Emeka. By law, Kamaldeen cannot recover the hire purchased goods. This is an instance of a restriction on
Answer Details
The restriction on Kamaldeen's right to recover the hire-purchased goods implies that he cannot take back the goods from Emeka, even if Emeka has defaulted in payment. This restriction is an instance of a limitation on Kamaldeen's right to terminate the agreement. In a hire-purchase agreement, until the hirer has paid the full price of the goods, the ownership remains with the owner, and the hirer has only a right to use the goods. Therefore, Kamaldeen cannot recover the goods unless Emeka has paid the full price, as the goods are still his property. This restriction is in place to protect the rights of the hirer, who may have paid a substantial amount towards the purchase of the goods, and also to prevent unscrupulous owners from repossessing goods at will.