Answer to Question #254709 in British Law for Aman

Question

Aiman bought a Toyota Camry car under a hire purchase agreement with CIMB Islamic with Nu’man as his guarantor. Aiman defaulted in his monthly instalments for the last two months. 

 

Discuss the legal position of Aiman and CIMB Islamic according to the Hire Purchase Act 1967.

Answer 1

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