- Published on
Legal Terms - consumer-hire agreement
An arrangement for the *bailment of goods to an individual, partnership, or other unincorporated body (the hirer); it cannot be a *hire-purchase agreement and must be able to last longer than three months. Established by an individual. Thus, hiring someone for a job is not included in the notion. Consumer Credit Act of 1974 governs consumer-hire agreements, unless they are excluded.
An arrangement for the *bailment of goods to an individual, partnership, or other unincorporated body (the hirer); it cannot be a *hire-purchase agreement and must be able to last longer than three months. Established by an individual. Thus, hiring someone for a job is not included in the notion. Consumer Credit Act of 1974 governs consumer-hire agreements, unless they are excluded.
0 Comments