What are the differences between a direct-financing and a sales-type lease for a lessor?

  1. What are the differences between a direct-financing and a sales-type lease for a lessor?
  2. Why would a lessor provide direct-financing to a lessee?
  3. What are the criteria for classifying a lease as operating or capital?
  4. What are the advantages of operating and capital leases?
  5. What are the advantages and disadvantages of leasing versus buying or leasing versus selling?