Limitations of Pareto Efficiency

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BUILDING & ESTATE DEVELOPERS, LANDSCAPING & CONCRETE PRODUCT PRODUCERS

BANKERS: DANGME RURAL BANK, PRAMPRAM P. O. BOX SK. 177 UNITED BANK FOR AFRICA, TEMA SAKUMONO-TEMA TEL: +233(0)24-3277194 +233(0)24-2163699

OUR REF.: …..………………… YOUR REF.: …………………… DATE:

BUILDING & ESTATE DEVELOPERS, LANDSCAPING & CONCRETE PRODUCT PRODUCERS

BANKERS: DANGME RURAL BANK, PRAMPRAM P. O. BOX SK. 177 UNITED BANK FOR AFRICA, TEMA SAKUMONO-TEMA TEL: +233(0)24-3277194 +233(0)24-2163699

PREAMBLE:
Joe-kwets limited is a company located at prampram adjacent the deeper life Christian church camp ground. The company goes into the production of quality concret product (building blocks) and the supply of stone, sand etc. at moderate and affordable prices. It has special concessions (hire-purchase) for all salary workers.

HIRE PURCHEASE AGREEMENT TERMS AND CONDITIONS OF PAYMENT
Should any customer (salary earner) preferred to buy on credit basis the following condition shall apply. ❖ That 50% of the total amount shall be paid as deposit ❖ That the remaining 50% shall attracts an interest of 10% and this shall be spread over a period of 4 mouths equal installments. ❖ Should these remain any debt to paid after the 4th month the unpaid debt/amount attracts another 10% interest payable within a maximum period of 2 mouths ❖ That all deductions, for payment shall be done a source within executives and the accountant (accounts department).

UPFRONT /CASH & CARRY BASIS
Prompt payments shall attract a discount of 2%....
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