- 4 Marks
Question
State any TWO duties of a hirer. (4 Marks)
Answer
Two duties of a hirer under a hire purchase contract are:
- Duty to take reasonable care of the goods: The hirer must ensure that the goods are kept in good condition during the hire period.
- Duty to pay installments when due: The hirer must fulfill the payment obligations according to the agreed schedule in the contract.
- Tags: Contract Law, Hire Purchase, Hirer Duties
- Level: Level 1
- Topic: Hire Purchase and Consumer Credit Transactions
- Series: MAY 2015
- Uploader: Kwame Aikins