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I am a student of ICWAI (Intermediate). I looking for some
information about Rayalty and Hire Purchase.
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Answer Posted / giriraj sikri
hire purchase is simply means suppose if u have taken a
loan from a reputed bank for car loan . Your are
cuountinuous paid the same installment but in last
installment be daufalter than the seller has full rights
bring back hi car which is sold ....
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