Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Hire-Purchase Law
A person who wants to buy goods through does not have the like "money consideration" prescribed through the Sale of Goods Act like their price may enter in an agreement with their owner where through he will hire the goods and like ultimately purchase them. An agreement is legally acknowledge as like; "hire-purchase" contract. Further as a contract, the agreement is governed through the rules of the common law. Moreover, the common law rules such were found to be unfair in like certain respects and, such in an attempt to provide a fairer mechanism to forming the contract and somewhat greater protection to the parties for the transaction, the Hire-Purchase Act like cap 507 was passed in year 1968. However the preamble to the Act declares that it is like "an Act of Parliament for make provision for the regulation of certain hire-purchase agreements so, and for the licensing about hire-purchase concerns, and with purposes connected therewith". Additionally it should be noted that the Act applies merely to like; "certain hire-purchase such agreements". Although these are mentioned in like S.3 and are:like;
(i)Hire-purchase agreements entered in after the commencement of the Act under like the hire-purchase price does not exceed such the sum of Shs like 80,000. This type of provision was amended through the Statute Law like Miscellaneous Amendments Act 1992 such provided, with effect from date 23rd October 1992, A new maximum limit of Shs as 300,000 "or such other higher or may lower sum as the Minister may, taking in account market after forces from time for time prevailing, prescribe" there.
(ii)The hirer is not a body corporate, anywhere incorporated.
(iii)An agreement that is not a scheme controlled, managed or guaranteed through the Government about the purpose of providing loans for any persons for the purchase of motor vehicles also there.
What are the rights and duties of a principal
Types of Agents - Agency Law Although broadly agents are either special or might be general depending on the scope of authority. Subsequently an agent engaged to carry a task
Leon, a bank vice president, joined Fitness Center, Inc. (FC). He signed a contract stating, among other things, an exculpatory clause that FC
MERGER ACCOUNTING: It may happen that, during a "take-over" of one company (A) by another company (B), shares in the latter company are issued to shareholders of the former co
Determine the term - Real Income Effects This linkage between countries takes place through the current account of the balance of payments. It occurs when a change in one count
LAW OF THE SEA The sea and all areas of the sea are regulated by international law. The jurisdiction of international law extends from the right of passage over t
Which two fundamental treaties that provide substantive law Agency Statute The International Atomic Energy Agency Statute 1957 (IAEA) and the Nuclear Non-Proliferation Treaty 1
QUESTION (i) Write on the health and safety issues in the hospitality industry (ii) Describe the hierarchy of courts in Mauritius and explain what you understand by the doct
QUESTION 1 (a) Briefly explain 4 functions involved in ensuring compliance with contract requirements (b) Explain how changes regarding variations and price adjustments are
Explain the Causation, Remoteness and Contributory Negligence in short. Causation: When the accident was going to occur anyway then causation is not proved, which is a third
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd