Hire purchase sale

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Asst. Manager - Audit
170 Points Posted on 10 December 2010

Hi frnds,

can any one tell, with whom the risk & rewards in goods/ assets vest in case of Hire purchase system?

sKY....

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On 10 December 2010 at 12:20 Report
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CA CWA;(CS PROFESSIONAL)
1231 Points Posted on 10 December 2010

with purchaser, but not with vendor. only ownership vests with vendor.

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On 10 December 2010 at 12:40
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CA final (article)
25 Points Posted on 10 December 2010

With purchaser, but ownership with vendor only till last installment is paid.

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On 10 December 2010 at 16:42
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PRACTICE
95 Points Posted on 10 December 2010

Dear Friend,

I do agree with the gandham spruthi
 

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On 10 December 2010 at 19:24

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