Question: Explain the difference between direct and indirect finance. Part 2 The difference is that A . indirect finance is the process through which ultimate borrowers

Explain the difference between direct and indirect finance.
Part 2
The difference is that
A.
indirect finance is the process through which ultimate borrowers channel funds to ultimate lenders through financial intermediaries, while direct finance does not include financial intermediaries.
B.
direct finance is the process through which ultimate lenders channel funds to ultimate borrowers through financial intermediaries, while indirect finance does not include financial intermediaries.
C.
indirect finance is the process through which ultimate lenders channel funds to ultimate borrowers through financial intermediaries, while direct finance does not include financial intermediaries.
D.
direct finance is the process through which ultimate borrowers channel funds to ultimate lenders through financial intermediaries, while indirect finance does not include financial intermediaries.

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