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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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Wiki User

βˆ™ 11y ago
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BISHANGA TIMOTHY

Lvl 1
βˆ™ 2y ago
Not well stated a best well either use a table to differiciate the difference between hire purchase and derred payment
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Fatuma Alifani

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βˆ™ 2y ago

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Anonymous

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βˆ™ 4y ago

if aperson use abusive language he or she can be arrested

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Anonymous

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βˆ™ 4y ago
tha n
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Anonymous

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βˆ™ 4y ago
thank

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Anonymous

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βˆ™ 4y ago

A

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Q: What are the differences between hire purchase and deferred payment?
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Related questions

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.


What is the duration of Payment Deferred film?

The duration of Payment Deferred - film - is -4860.0 seconds.


Deferred payment and interest?

Is deferred interest deductable


What is the diff btw hire purchase and deffered payment?

Hire purchase involves a buyer acquiring an asset by paying an initial deposit and then making regular installment payments over a specified period until the total purchase price is paid. Ownership of the asset is transferred to the buyer once the final payment is made. Deferred payment, on the other hand, allows a buyer to take possession of an asset immediately but delay full payment until a later date, often with added interest or fees. The buyer does not own the asset until the full payment is made in deferred payment schemes.


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?

No difference as both are alternate names of each other


What is deferred payment price?

A deferred payment price may be different from a price of cash and carry. To pay later is to defer and is usually more expensive.


What is a Arrangement for deferred payment for goods and services?

credit


What are the release dates for Payment Deferred - 1932?

Payment Deferred - 1932 was released on: USA: 7 November 1932 USA: 2 August 1939 (re-release)


What are the release dates for Police Story - 1973 Payment Deferred 4-1?

Police Story - 1973 Payment Deferred 4-1 was released on: USA: 21 September 1976


When are Deferred payment accepted?

In economics, one of the four functions of money is to serve as a "standard of deferred payment". It means that a contract or agreement may specify (or imply) that the repayment of a debt be made..