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........hire purchases,-propert is on the possession by the buyyer,but the right to own the goods remain to the seller until to the last installment paid.,.while DEFERRED PAYMENT- the right to own the propert shift to the buyyer soon after pay the down payment,but the p possession of propert is remain to the hands of the seller until the last installment is paid
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What are the differences between hire purchase transaction and deferred payment?
give three similarities and three difference between hire purchases and deferred payment
When was Payment Deferred created?
Payment Deferred was created in 1926.
Deferred payment and interest?
Is deferred interest deductable
What is the difference between Deferred Payment Credit and Acceptance Credit?
Acceptance credit is always available by the draft/bill of exchange, whereas a deferred payment cerdit may and may not be available by the draft/bill of exchange.
What is the difference between usance and deferred payment LC?
Ah, what a lovely question! Usance and deferred payment LCs both involve payment terms in trade transactions, but there's a subtle difference. Usance LC allows the buyer a specific period after receiving the goods to make the payment, while deferred payment LC allows the buyer to make the payment at a later date agreed upon in the LC. Both methods offer flexibility and trust between the parties involved in the transaction.
