The hire vendor takes away only a portion of the goods on which there is default of Installments it is called _________

Related MCQs

• If the hire vendor may take away all the goods on which there is default of installment it is called____________
• In order to deal with the re possession the hire vendor operates an account called _______
• In the books of hirer, for payment of installment hire vendor account will be ________
• In the books of hirer, for interest due at the end of the year hire vendor account will be _______
• When an asset is acquired on hire purchase system, the asset account is debited with _______ of the assets in the books of the hire purchaser.
• In case of Hire-Purchase the total sum payable by the hire-purchaser as per terms in order to complete the transactions is
• The portion of the authorised capital which can be called-up only on the liquidation of the company is called
• Ownership of goods under hire purchase agreement is transferred at the time of:
• If the firm stops making repayments and the goods or assets are taken away from them as a result, this is known as:
• Under hire purchase system the buyer is called _________