Question
20.Awang entered into a hire purchase agreement with Syarikat Senang Beli for a car. The price of the car in the hire purchase agreement is
20.Awang entered into a hire purchase agreement with Syarikat Senang Beli for a car. The price of the car in the hire purchase agreement is RM88,674.00. Awang has failed to pay the last two successive instalments. Syarikat Senang Beli wishes to repossess the car. However, Awang has already paid more thanRM70,000 to Syarikat Senang Beli.
Can Syarikat Senang Beli repossess the car?
A.Yes, because Awang has defaulted in two successive payments
B.Yes, because it is the right of an owner to repossess goods after a hirer has defaulted in payment
C.No, because Awang has not defaulted in four successive payments
D.No, because the Hire Purchase Act 1967 does not allow direct repossession of goods by the owner in this situation
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started