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LAW OF HIRE PURCHASE, HARANI A/P GANESAN 012020021525 - Coggle Diagram
LAW OF HIRE PURCHASE
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DEFINITION
Hire purchase is a way to finance buying a new or used car. You (usually) pay a deposit and pay off the value of the car in monthly instalments, with the loan secured against the car. This means you don't own the vehicle until the last payment is made.
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