1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rom4ik [11]
3 years ago
6

What is the difference between credit sales and hire purchase​

Business
1 answer:
ipn [44]3 years ago
8 0

Answer:

When a sale is made, the ownership of goods is transferred immediately to the buyer of the goods. On the contrary, in case of hire purchase, the ownership of the asset is transferred to the hire purchaser, on the payment of the last installment.

Explanation:

hope this helps

You might be interested in
According to this credit report, how many accounts has Lillie had sent to collections?
Natali [406]

Answer:From the credit report the number of accounts that Lille has sent collections is 0. This is because she has sent not sent any to an account. What is a credit report? This is a report of how a persons credit activity is. It also tells about the financial standing of a person and how they are faring in terms of finance.

Explanation:

4 0
2 years ago
Peter is playing hide and seek with his six year old nephew teddy peter decides to look around the house room by room and then s
VladimirAG [237]
The question is incomplete. But it is about the method which is an example of problem solving strategy that Peter is using to find Teddy.
The answer is peter is Peter is using the method which is called algorithm  in problem solving strategy.
The complete question is;
Peter is playing hide and seek with his 6 yr old nephew, Teddy. Peter decides to look around the house room by room and then shuts the each door when he has finished looking in each room. The <span>method Peter is using to find Teddy is an example of which problem-solving strategy? </span>
7 0
3 years ago
"Amy's new summer job at the pool will pay her $9 per hour. Which term describes this type of hourly income?"
likoan [24]

minimum wage......................

4 0
3 years ago
To be competitive, ____________ recommended that American firms adopt a new management style that was a hybrid of the approaches
kakasveta [241]

Answer:

The correct answer is letter "C": William Ouchi, Theory Z.

Explanation:

American professor William Ouchi (born in 1943) proposed the "Theory Z", first described in his book "<em>Theory Z: How American Management Can Meet the Japanese Challenge</em>" which is an approach that explains how firms should develop a strong company philosophy and culture and consensus in decisions.  

Theory Z aims to employee development, as well, by concerning about their well-being, making them generalists instead of specialists, promoting individual responsibility, and monitoring them informally but with formal measures.

6 0
3 years ago
Jane, Jon, and Clyde incorporate their respective businesses and form Starling Corporation. On March 1 of the current year, Jane
Bumek [7]

Answer:

Explanation:

a)

No gain on exchanged would be recognized by any parties if the three exchanges are part of a pre-arranged plan.

b)

The gain that C will recognize on exchange is calculated below:

               Recognized gain = value of property - Basic of property

              = $350,000 -$90,000

              =$260,000

Therefore the gain that C will recognized on exchange is $260,000

c)

The parties could structure the transaction by using $351 if the property that Clyde contributes has a basis of $490,000(instead of $90,000).The realized gains would not be recognized under this section.Hence,it would be a benefit for all the parties.Moreover,the loss of $140,000,{$490,000(FMV) -$350,000(basic)}on C's exchange could be recognized

5 0
3 years ago
Other questions:
  • The following data is available for Blaine Corporation at December 31, 2018:
    11·1 answer
  • When a bankrupt company's only listed address and phone number is a post office box and an answering service, we may see this as
    8·1 answer
  • Petra is the chief executive officer of the logistics company she reviews her company‘s financial statement regularly when makin
    12·1 answer
  • Which of the following may occur as a result of a increase in the price of cell phones?
    15·2 answers
  • The following book and fair values were available for Westmont Company as of March 1.
    13·1 answer
  • Myrtle Beach Pro-Shop receives information that requires the company to increase its expectations of uncollectible accounts rece
    13·1 answer
  • Multiple Choice Question 121 The following information pertains to Ortiz Company. Assume that all balance sheet amounts represen
    13·1 answer
  • How is one product determined to specialize in between the two
    15·1 answer
  • Discuss various factors that must be considered on the warehouse location decisions? ​
    8·1 answer
  • In the Romer model, the inputs to production are:
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!