Motor Mart Limited v Webb - [1958] NZLR 773

Hire purchase — Hire purchase Agreement — Vendor of Motor-truck described in Agreement as "owner" and Purchaser as "conditional purchaser" — Purchase-price payable by Deposit and Instalments — Property in Truck not passing until Whole of Purchase-price paid — Such Agreement a "hire-purchase agreement" and not a "credit-sale agreement" — Relationship of Bailor and Bailee created — Hire Purchase and Credit Sales Stabilisation Regulations (No. 2) 1955 (S.R. 1955/184), Reg. 2.

Bailment — Hire-purchase Agreement — Property in Goods not passing until Final Payment made — Lee v. Butler Type of Agreement — Relationship of Parties, until completion of Purchase, Bailor and Bailee.