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

Explain the term - Policy change The role of the policy entrepreneur has several implications for our understanding of the policy process. While social scientists often look to

Determine the agenda-setting process The "agenda" is the list of subjects or problems to which government officials, and people outside of government closely associated with t

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Arbitration However this is a dispute resolution mechanism whereas disputes are settled out of the court through arbitral tribunals or arbitrators that who make arbitral words

QUESTION 1 The Bank of Mauritius has got various objects. It has therefore got various functions and powers in order to achieve the attainment of its objects. Discuss QUEST

Partnership Law However section 3(1) of the Partnership Act characterize like partnership; such; Therefore "The relation that subsists between persons carrying at a busines

an impartial jury must

Explain Territorial principle of criminal jurisdiction The territorial principle provides that the courts of the State where a crime is committed may exercise jurisdiction over

Prospect of inflationary wage settlements The same logic can be applied to various supply side policies. Take, for example, the prospect of inflationary wage settlements. If w