COMMERCIAL LAW Assignment, UM, Malaysia On 2.2.2021, Sahid entered into a hire purchase agreement with Kejora Finance Bhd for the hire purchase of a new Proton Perdana Motor car
University | Universiti Malaya (UM) |
Subject | COMMERCIAL LAW |
On 2.2.2021, Sahid entered into a hire purchase agreement with Kejora Finance Bhd for the hire purchase of a new Proton Perdana Motor car. Consider the legal position (treating each part separately) if;
- Notice of the second schedule was not given to Sahid until 3.2.2021.
- The agreement expressly negated the owner’s liability for the fitness and merchantable quality of the car.
- The agreement contained a clause that stated that the owner will not be liable for the representation or statement made by the dealer or his servant or agent.
- Sahid wishes to let his brother, Syamil continue with the hire purchase agreement of the car after paying for 7 months.
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