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Hire-Purchase and Sale
The hire-purchase transaction is such not a sale since, according to the definition like:(i)There is no seller or buyer. Such like the parties are the as "owner" of the goods and the as "hirer". And one is
(ii)The hirer may buy the goods but he is not bound for buy them. Because it is this aspect of the transaction that constitutes the legal distinction between a hire-purchase such agreement and a sale of goods, that was explained in like Hebly v Mathews (45). Whether in a sale of goods, the buyer is bound for buy the goods and, such already explained, so like can be sued for their price, or like damages, whether he refuses to pay for or accept the goods.
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hi there, we are looking forward your assistance to do our business law assignment as we have 4 legal issue and we have to use law in commerce (5th edition) text book for that assi
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