• Define leasing, describe its main features and classification of leasing—finance lease, operating lease, sale and lease back, single investor and leveraged lease, domestic and international lease—and the significance and limitations of leasing
• Review and illustrate financial evaluation of leasing both from lessee’s perspective and lessor’s perspective
• Describe the general features of hire-purchase, comparison of hire-purchase with leasing and instalment payment, and financial evaluation of hire-purchase transaction from the viewpoint of the hirer as well the finance company
