Question
David signed a hire-purchase agreement with Corina Bank (CB) for a car. He went to London for a month for work purposes. Upon his return,
David signed a hire-purchase agreement with Corina Bank (CB) for a car. He went to
London for a month for work purposes. Upon his return, he was hospitalized for a
month for lung infection. Upon being discharged from the hospital, he received a
notice of intention to repossess the car from CB. One week later, agents of CB came
to David's office to repossess the car. David was unable to stop the men from towing
the car as he was in a discussion with his boss. When David called up CB's office,
the officer in charge said that David must pay in 2 days' time or the car will be sold
off to someone else. David is upset and wants to know whether CB has acted in
accordance with the law.
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