One has, by definition, that if $x_n\rightarrow c\in\mathbb{C}$ then $f(x_n)\rightarrow f(c)$. But how could you rigorously justify, for example, the following statement (cited from p. 139 of Greene & Krantz)?
$$\lim_{|z|\rightarrow\infty}|f(z)| = \infty \Leftrightarrow f(1/z)\text{ has a pole at 0}$$
It's true that this fact serves as a basis for the definition of a pole at infinity, but the book is just beginning the discussion of singularities at infinity and has presented this statement as a fact that should already be apparent with no knowledge of singularities at infinity.
Suppose you wanted to prove right-to-left first. Then $$\lim_{|z|\rightarrow 0}|f(1/z)| = \infty$$ but since the limit of f(1/z) needn't even exist (to say nothing of that it can't be finite) you cannot bring the limit within the absolute value and go from there. Or can you?
This statement appears to be "obvious," but I want to be able to prove it to homework/qual standards.
What you need to use is the limit of composite functions. Hypothesis 2 applies to your case.
In other words if $|z|\rightarrow 0$, $z\ne 0$, then $w=\frac{1} {z}$ has $|w|\rightarrow\infty$, and of course $|w|\ne\infty$ (as $z\ne 0$). So:
$$\lim_{|z|\rightarrow 0}|f(1/z)|=\lim_{|w|\rightarrow\infty}|f(w)|=\infty$$