Security Problem & Solution in Mozilla Firefoox

Today I happen to know from FB that there is security problem while using   Mozilla Firefox. The passwords which are saved in the web browser could be retrieved by another person who is using the same computer, This problem arrives when we are selling the computer or when we are sending it for service. The passwords stored in mozila could be viewed by going to
mozilla

    ↓

Options

    ↓

Security
     ↓
Saved password
    ↓
Show password
This could be avoid by
  1. Setting a master password for Mozilla security ( need password for viewing and saving the password of a particular website)
  2. Removing the passwords by following the above mentioned steps ( there is option for removing password either all / particular item)
  3. Private browsing feature of Firefox
  4. Not saving passwords in Firefox
The screenshots of the step is attached. Please go through it for secured browsing.
Selecting Option in FireFox
1
2
4
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