Termination - duties of owner, Business Law and Ethics

Termination - Duties of Owner

Although below S.12 of the Act the hirer may on any time before the final payment may or instalment falls due to terminate the agreement through like:

a)Giving the owner written notice of termination. And one is
b)Returning the goods to the owner so on.

Whether upon such termination the hirer is liable such to pay all the instalments due through that time plus any sum whether any as will make his final payment not less like half of the total hire purchase price so like unless a lesser sum is specified in agreement. Although any provision in the agreement providing about a larger payment than else one half of the total hire-purchase that price shall be void.

Whether the hirer has not taken reasonable care such of the goods he shall be liable for pay damages for the failure.Therefore the hirer should return the goods at his own expense for the premises from that they were supplied to him or for wherever the owner may direct him. However the owner will, reimburse him to any additional expenses incurred in such returning the goods for any place other than the premises from whether they were initially supplied from.

Posted Date: 1/31/2013 8:38:47 AM | Location : United States







Related Discussions:- Termination - duties of owner, Assignment Help, Ask Question on Termination - duties of owner, Get Answer, Expert's Help, Termination - duties of owner Discussions

Write discussion on Termination - duties of owner
Your posts are moderated
Related Questions
NEGLIGENCE: It is still uncertain whether damage caused by negligence can be brought under the heading of "fraud" for the purpose of the exception of "fraud on the minority."

State Preamble of the United Nations Charter 'We the Peoples of the United Nations determined to save succeeding generations from the scourge of war...and to reaffirm faith in fu

Define the term - authoritative government decision We can sum up by way of saying that the intent to implement a policy is not the same thing as a real policy. Failure to impl

Limited Partnerships Through virtue of the Limited Partnerships Act, such the liability of certain partners that may be limited to a certain extent. Further the chief provisions

Topic: "Imagine yourself in a situation of being encouraged to inflate your expense account. Do you think your choice would be most affected by your individual moral development o

Capacity - Element of Contract Capacity to Contract However 'capacity' may be described like the legally documented right of a person to enter with a legally binding ag

Explain the second theory of international antitrust cooperation A second theory of international antitrust cooperation is a more limited multilateral approach under which only

Article 3 - State Responsibilty Article 3. This article is about the Characterisation of an act of a State as Internationally wrongful. A local law that results into violatio

Terms used in Contract However there are certain terms may identify conditions and warranties like are implied into every contract covered through the Sale of Goods Act where

Legal Procedures: The court may order the examination in private or public (ie. open court) of an officer of a company in liquidation or of any person known or suspected to ha