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How do decipher statement in respect to conditional sale

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Reference no: EM131124252

A hire-purchase agreement differs from a credit sale in this respect that there is no agreement also differs from a credit sale in this respect that there is no agreement to buy, but only an option is given to the hirer to buy, while under credit sale there is an agreement to buy and no option to return the goods. How do you decipher this statement in respect to conditional sale agreement?

Reference no: EM131124252

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