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The effects of inadequate knowledge of contractual matters by first time car buyers using balloon finance in Pretoria

M. Tech. Business Administration / This study assessed the alignment of balloon payments offered to customers within the provisions of the National Credit Act, 2005 (Act No 34 of 2005), by exploring whether car buyers had been made aware of and understood the nature of their contractual obligations when they signed a balloon payment agreement. Based on the simple random sampling approach, a structured questionnaire was used to collect primary data from the sample of 71 respondents who had purchased motor vehicles using the balloon payment financing method.

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:tut/oai:encore.tut.ac.za:d1001300
Date January 2014
CreatorsMoitse, Constance Nnoi.
Source SetsSouth African National ETD Portal
LanguageEnglish
Detected LanguageEnglish
TypeText
FormatPDF

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