Discuss each following

1. Stocks are not the most important source of finance for businesses.

2. Issuing marketable securities is not the primary funding source for businesses.

3. Indirect finance (financial intermediation) is far more important than direct finance.

4. Banks Play a major role in the economy, Banks are the most important source of external finance.

5. Insurance industry has become a well-established, and a basic pillar in the economy, for managing risks of individuals, institutions, and accumulating their savings.

6. The financial sector is among the most heavily regulated.

7. Only large, well established firms have access to securities markets.

8. Collateral is a prevalent feature of debt contracts