14. a. Which of the following is not a part of the financial environment? Institutions and markets b. Investments Stocks d. Financial management c. 15. a. This is the study of how individuals prepare for financial emergencies, protect against premature death and property losses, and accumulate wealth. Corporate finance b. Business finance Entrepreneurial finance d. Personal finance None of the above c. e. 16. a. banks b. Financial markets encourage investment by: providing capital at lower rates than provided by providing electronic execution of transactions which are faster and cheaper than other methods providing the means for savers to easily and quickly convert financial assets into cash when needed encouraging people not to buy goods and services c. d. 17. a. behavior refers to how an indiv or organization treats others legally, fairly, and honestly. Principal-agent b. Stakeholder Responsible d. Ethical none of the above c