From course:
(Practice similar questions for free)
National 5: Business Management
» Start this Course(Practice similar questions for free)
Question:
Disadvantages of hire purchase as a source of finance
Author: Marilyn Bob-Manuel 3ektAnswer:
The asset is not fully owned until the last payment is made, the total paid is more than the value of the asset due to interest charges
0 / 5 Â (0 ratings)
1 answer(s) in total
Author
Marilyn Bob-Manuel 3ekt