Question:medium

Under hire purchase system, the agreement can be ________ at any time.

Updated On: Jan 13, 2026
  • Renewed
  • Registered
  • Terminated
  • Endorsed
Show Solution

The Correct Option is C

Solution and Explanation

The hire purchase agreement may be ended by the seller if the buyer defaults on payments or withdraws from the purchase, thus safeguarding the seller's position.

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