BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The act of buying an asset without having to make full payment in the immediate future is known as:
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Hire Purchase
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Finance lease
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Operating lease
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Sale and lease back
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Explanation:
Detailed explanation-1: -The act of buying an asset without having to make full payment in the immediate future is known as Hire purchase.
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