External sources p3 Flashcards by Jackson Bates | Brainscape

Q

Hire purchase def

A

Buying something which you pay in instalments

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Q

Hire purchase adv

A

Cheap
Manage cash outflow
Updated

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Q

Hire purchase disadv

A

Expensive in long run

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Q

Trade credit def

A

Not immediately paying

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Q

Trade credit adv

A

No interest

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Q

Trade credit disadv

A

Needs support

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