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What is the difference between direct finance and indirect finance, and what are the advantages and disadvantages of each, and name any one of each?

What is the difference between direct finance and indirect finance, and what are the advantages and disadvantages of each, and name any one of each? Define the followings terms and give an example for reach, and what is the relationship between these terms and finanical market requlation? A- Adverse selection B- Moral hazard

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