n Professional Accountant - Repossession of goods in the context of the National Credit Act

Volume 2007 Number 1
  • ISSN : 1680-7537


The current economic climate has resulted in a proliferation of "cash strapped" consumers. Accordingly the purchase of a vehicle is very rarely a cash transaction. The obvious alternative is an instalment sale agreement, whereby the vehicle is paid off over a period of time.

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