what is layaway
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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Layaway is where a consumer makes a deposit on an item where a retail purchasing agreement is made to reserve the item until the consumer completes all necessary payments. Only after it’s completely paid, then the consumer take possession of rge item.
Layaway (lay-by in Australia, New Zealand, and South Africa) is a purchase agreement in which the seller reserves an item for a consumer until the consumer completes all the payments necessary to pay for that item, and only then hands over the item.