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(i) Expensive due to the interest charged.
(ii) Not appropriate for goods of low value.
(iii) Buyer can be tempted to buy more than he/ she can afford.
(iv) Goods can be repossessed if buyer fails to pay.
(v) Goods belong to the seller until the buyer completes payment.
(vi) Deals with durable goods only/ limited goods are sold.
maurice.mutuku answered the question on July 29, 2017 at 07:18
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