Duties or obligations of hirer, Business Law and Ethics

Duties or Obligations of Hirer

However these are not provided in the Act although are usually found in such the agreement itself Like:

a) Take delivery: whether upon entering a hire purchase agreement such the hirer is obliged to take delivery of like the goods. Conversely in the absence of express so or else implied terms the place about delivery will be the owner's place about business or the dealer's premises.

b) Take care of the goods: because most agreements expressly provide such the standard of care mandatory of him. Moreover in absence of provisions the hirer is liable to take reasonable care such of the goods although is not liable for loss so or else damage not caused through his negligence. Whether the goods perish without fault as that the hire purchase agreement, like subject to its express terms, such will be discharged.

c) Pay instalments: further once the hirer takes delivery of the goods such he must pay the instalments below the agreement like and when they fall due. Conversely the agreement is terminated before the decision to purchase is exercised every single one instalments due up for the date of determination must be paid through the hirer. So one is

d) Continue hiring for the agreed period: moreover in most agreements the hiring is for a fixed period like; e.g. two or three years and hence hiree has a right to terminate the agreement on time before the due date. although he exercises the option to terminate such the minimum payment clause, also acknowledged depreciation clause, comes in operation and he has for pay some money into respect of depreciation of the goods. Therefore he does not exercise his option about terminate and like instead repudiates the agreement such he would be in breach of contract and like liable to pay damages for breach same. And one is

e) Notification of change of address:
after all agreement requires him to record such his address and the place then where the goods are such he is obliged to notify the owner about any change of address and removal of the goods so.

Posted Date: 2/1/2013 5:23:25 AM | Location : United States







Related Discussions:- Duties or obligations of hirer, Assignment Help, Ask Question on Duties or obligations of hirer, Get Answer, Expert's Help, Duties or obligations of hirer Discussions

Write discussion on Duties or obligations of hirer
Your posts are moderated
Related Questions
Meeting is Unnecessary - meetings and resolutions: The purpose of holding general meetings with all the formality which this entails is to give to each member the opportunity

Capacity - Sales of goods Through S.4 (1) provides such capacity to buy and to sell is governed through the natural law concerning capacity for contract. Although where necess


Companys capital: An order made by the court may- (a) regulate the conduct of the company's affairs in future, as in Re: H.R. Harmer Ltd;- in which the father (Harmer) was

Question 1: (a) Explain what is meant by Subsidiary Legislation and the reasons for using such a law. (b) Describe the ways in which Subsidiary Legislation is controlled.

Question 1: "Defining the problems of society and ensuring that they are placed on the governmental agenda constitutes the most important stage of policy making process." Discu

Explain the Nuclear law Nuclear law Nuclear Law is a branch of International Law that surrounds, regulates and administers issues regarding nuclear weapons. It is also ass

Humble, a local high school student, wished to buy a moped. He intended to use it to get to and from school which was 3kms away. He also had a part-time job involving some travelli

Explain the elements of governmental authority The theme of these draft laws is mentioned in Article 1, which says that every internationally wrongful act of a State entails th

Exceptions of Merger accounting: S.56 (1) permits a company to give financial assistance for a purchase of, or subscription for, its shares in the following circumstances: