hire purchase Archives - Free ZIMSEC & Cambridge Revision Notes

January 2023

Hire Purchase

By garikaib|2022-09-15T12:43:49+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

TV Sales and Hire offers Hire Purchases.

TV Sales and Hire offers Hire Purchases. ZIMSEC O Level Commerce Notes: Hire Purchase

Is a method of buying consumer durables such as Television sets on credit.

Characteristics

A written agreement between the buyer and seller is required.
A deposit is paid followed by installments (usually on a […]
Quick NetOne, Econet, And Telecel Airtime Recharge

Number to recharge:

Airtime amount ($):

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Advantages and disadvantages of Hire Purchase to the buyer

By garikaib|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) […]
Quick NetOne, Econet, And Telecel Airtime Recharge

Number to recharge:

Airtime amount ($):

EcoCash number:

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Advantages and disadvantages of Hire Purchase to the seller

By garikaib|2022-09-15T12:43:47+02:00January 24th, 2023|Notes, O Level Commerce Notes, Ordinary Level Notes|

Furniture shop. Image credit roomandboard.com

Furniture shop. Image credit roomandboard.com ZIMSEC O Level Commerce Notes: Hire Purchase

Details shown on Hire Purchase goods

A description of the goods.
The cash price of the goods.
The total Hire Purchase Price i.e. the cash price + the relevant finance charges
The required deposit amount.
The amount and number […]
Quick NetOne, Econet, And Telecel Airtime Recharge

Number to recharge:

Airtime amount ($):

EcoCash number:

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