Under hire purchase transactions, the party that has the right to sell is known as ? O a. Hire purchaser O b. Hire vendor c. Hirer O d. Interest charger Question 4 Not yet answered Marked out of 2.00 P Flag question A situation where the hire purchaser fails to make payment of any instalment is called default and the vendor has the right of ? O a. Purchasing O b. Sales O c. Complete repossession O d. Partial repossession