Common Contracts
1 similar Hire Purchase Agreement contracts
Unit-3Hire Purchase Agreement • April 9th, 2021
Hire purchase agreements are the kind of agreements whereby the owner of goods allows a person (the hirer) to hire goods from him for a specific period of time by paying instalments. Here, the hirer has the option to buy the goods at the end of the contract if all the instalments are paid respectively. Most of us get into the dilemma of whether this is a contract of sale.
