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credit sale and conditional sale

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Credit and conditional sale

CREDIT & CONDITIONAL SALES The difference between a credit sale and a conditional sale is that whereas in the case of credit sale the property in the goods will pass to the buyer when the contract is made unless otherwise agreed, in the case of a conditional sale the passing of the property is postponed … Continue reading

Defective Goods

The consumers remedies for defective goods in relation to regulated consumer credit agremments fall under the following transactions: cash sale-unconnected lender, cash sale-connected lender, credit sale and conditional sale, hire-purchase, and hire.