Financial Literacy 20, 30
Course Configurations
Differentiate between buying, renting, and leasing.
Indicators for this outcome
| (a) | Describe situations when buying, renting or leasing to obtain items such as housing, vehicles or furniture may be considered viable options. |
| (b) | Compare the advantages and disadvantages of buying, renting and leasing. |
| (c) | Analyze the factors that influence one’s decision to buy, rent or lease. |
| (d) | Investigate the roles of, and services provided by, professionals such as real estate agents and vehicle dealership sales associates in buying, renting, or leasing. |
| (e) | Discuss the advantages and disadvantages of buying and selling privately compared to using the services of a professional. |
| (f) | Discuss different types of ownership and leaseholds with varying circumstances (e.g., marriage, living common law and joint tenancy). |
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