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TUTO HIRE PURCHASE (BUSINESS LAW IN MALAYSIA) b) Ali entered into a hire purchase agreement with Kenanga Finance Bhd for the hire-purchase of a new

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TUTO HIRE PURCHASE (BUSINESS LAW IN MALAYSIA)

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b) Ali entered into a hire purchase agreement with Kenanga Finance Bhd for the hire-purchase of a new Proton Waja motorcar. On the 10th payment, Ali told the owner that he no longer wanted to continue with the hire-purchase and that his friend, Malik, wanted to take over the payments. Kenanga Finance Bhd told Ali that they will approve his request if Ali pays the consent fees for RM300. Advise Ali. 30 marks

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