Advantages and disadvantages of Hire Purchase to the buyer

By |2022-09-15T12:43:48+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

A furniture store. Image credit householddesigns.rock A furniture store. Image credit householddesigns.rock ZIMSEC O Level Commerce Notes: Hire Purchase

Advantages to buyer

  • There is no need for the buyer to raise the full purchase amount at once.
  • The buyer can use the goods while paying for them.
  • The profits generated from using the good(s) […]