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The most common sources of medium - term finance forinvestment in capital assets are hire purchase and leasing. Leasing and hire purchase are financial facilities

The most common sources of medium - term finance forinvestment in capital assets are hire purchase and leasing. Leasing and hire purchase are financial facilities which allow a business to use un asset over a fixed period, in return for regular payments. The business customer chooses the equipment it requires, and the finance company buys it on behalf of the business.1) Write about the types of leases with some examples ( Domestic and international)?

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