Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Discuss the legal position in the following situations with reference to the Hire Purchase Act 1967: (a) Shivani entered into a hire purchase agreement with

Discuss the legal position in the following situations with reference to the Hire

Purchase Act 1967:

(a) Shivani entered into a hire purchase agreement with EasyPay Finance Bhd

for the purchase of a couch. The agreement provided for the payment of

RM2000 in ten instalments. Three months later, Shivani decided to assign the

couch to her neighbour. The company demanded that Shivani pay RM350 for

stamp duty and registration of the hire purchase agreement in her neighbour's

name.

(9 marks)

(b) Wong entered into a hire purchase agreement with EasyPay Finance Bhd for

the purchase of a lawnmower. The hire purchase agreement was hand-written

in the Chinese language using a green coloured pen.

(7 marks)

(c) In September 2018, Jebat signed an agreement with EasyPay Finance Bhd

for the purchase of a lorry under hire purchase. In March 2020, Jebat was

involved in an accident and passed away. On 15 June 2020, EasyPay

Finance Bhd served on Jebat's wife, a notice to repossess the lorry in default

of two successive instalments.

(4 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Criminal Law

Authors: Jonathan Herring

11th Edition

1352005336, 978-1352005332

More Books

Students also viewed these Law questions