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24
Read the text ”Hire-Purchase”
This system of buying goods became very popular during the first half of the
20
th
century. Today a large proportion of all families in. Great Britain buy furniture,
household goods and cars by hire purchase. In the USA this proportion is much
higher than in Great Britain and people there spend over 10 per cent of their income
on hire purchase goods.
The goods bought by hire-purchase are goods that will last for a long time: TV
sets, washing-machines ,refrigerators, motor-cars and furniture.
The price of the item bought in this way is higher than the price paid by cash.
There is a charge for interest. The buyer pays a proportion (one-quarter or one-third)
of the price when the goods are delivered to him. Then he makes regular payments
weekly or monthly until the full price has been paid.
Choose the correct variant according to the text
26. In the system of buying by hire purchase customers usually buy…
1. vegetables and fruits
2. clothes
3. larger items
27. In the text the phrase «in this way» means:
1. in the street
2. in the shop
3. on the way to the shop
4. by hire–purchase
28. The price by cash is … the price by hire-purchase.
1. … more than …
2. … the same as …
3. … lower than …
29. Choose the conjunction to be used between the underlined sentences from
the text
1) when 2) whether 3) because 4) where
30. This text is about buying goods…
1. by cash.
2. by credit.
3. by credit cards.
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