Hire purchase is advantageous to the seller in that ____________
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Correct Answer: Option C
Explanation:
Hire purchase allows customers to acquire goods by paying in instalments, which can encourage more purchases. As sales increase, the seller's turnover is likely to increase. This is an important advantage of hire purchase to the seller.
Hire purchase allows customers to acquire goods by paying in instalments, which can encourage more purchases. As sales increase, the seller's turnover is likely to increase. This is an important advantage of hire purchase to the seller.