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A.
it elevates his living standard
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B.
his turnover will increase
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C.
people pay on installment
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D.
it enhances high level of patronage
Correct Answer: Option B
Explanation
Advantages of hire purchase to seller.
- Increases sales and thus profits.
- It encourages impulse buying.
- They get commission from Finance Houses.
- Insurers good during the Hire Purchase period.
- The seller has the right to repossess the goods if the buyer defaults on payment.
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