1) Which of the following are the rights given to a hirer after the repossession of goods by the owner? i

Subject:LawPrice: Bought3

Share With

1) Which of the following are the rights given to a hirer after the repossession of

goods by the owner?

i. The hirer may refuse to settle the default payment

ii. The hirer may pay the amount in default together with the costs of

repossession

iii. The hirer can regain possession of the goods after remedying the default

iv. The hirer may request the owner to sell the goods to a person introduced

by the hirer for cash at a price of not less than the estimated value of the

goods

 

A. i, ii and iii

B. i, iii and iv

C. ii, iii and iv

D. i, ii, iii and iv

 

2) Awang entered into a hire purchase agreement with Syarikat Senang Beli for a

car. The price of the car in the hire purchase agreement is RM88,674.00. Awang

has failed to pay the last two successive instalments. Syarikat Senang Beli

wishes to repossess the car. However, Awang has already paid more than

RM70,000 to Syarikat Senang Beli. Can Syarikat Senang Beli repossess the car?

A. Yes, because Awang has defaulted in two successive payments

B. Yes, because it is the right of an owner to repossess goods after a hirer has

defaulted in payment

C. No, because Awang has not defaulted in four successive payments

D. No, because the Hire Purchase Act 1967 does not allow direct repossession

of goods by the owner in this situation

 

3) Kennedy sold his factory to Sufri for RM5 million. Kennedy stated that his factory

could produce 10,000 loafs of bread per day. Later Sufri discovered that the

factory can only produce 9,000 loafs of bread per day. What is the legal position

of the contract between Kennedy and Sufri?

A. The contract is voidable under undue influence

B. The contract is void under fraud

C. The contract is void under mistake

D. The contract is voidable under misrepresentation