what is the difference between hire purchase and differed payment?​

Answers

Answer 1

Explanation:

In deferred payment, the borrower will agreed to pay certain amount of money on the promised date. ... In hire purchase, the purchaser will be getting the belongings without paying the full price of the item. The purchasers would make down payment and the balance is paid in installments.

Answer 2

Explanation:

Hire purchase is a system by which one pays for a thing in regular installments while having the use of it but deferred payments are payments that are completely or partially postponed for financial reasons


Related Questions

Pam always drives under the speed limit to her risk and keep insurance costs down. Even so, she got into an accident and filed a to cover the expenses of repairing her car. One of the costs of doing so was that her insurance would likely increase in the future.


answers:
1. reduce
2. claim
3. premiums

Answers

Answer:

1. reduce

2. claim

3. premiums

just realized u already knew the answers lol....

Answer:

reduce, claim, premiums

Explanation:

got it right on edge !! :)

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