BL – Nov 2012 – L1 – SA – Q12 – Hire Purchase

Identify which is NOT a duty of the hirer.

Question

Which of the following is NOT a duty of the hirer?
A. To accept delivery of the goods
B. To ensure that he gives a weekly report to the seller
C. To take reasonable care of the goods
D. To pay the installments when due
E. To redeliver the goods to the owner or his agent, upon the termination of the hire purchase contract

Answer

B. To ensure that he gives a weekly report to the seller

Explanation:
Giving weekly reports is not a requirement for hire purchase contracts. The key obligations include making payments and taking care of the goods.

Tags: Consumer Rights, Hire Purchase
Level: Level 1

Topic: Hire Purchase and Consumer Credit Transactions
Series: NOV 2012

Uploader: Theophilus