Select the scenario that is an example of a legal financial intermediation. marilyn encouraging howard to get financial advice before purchasing a donut shop steve not paying mary the $50,000 he owed her last friday, as agreed, resulting in mary's partners breaking both of steve's arms lee borrowing money from the first bank of jackson that was deposited there by lisa hugh alerting the irs that ned is cheating on his taxes edna giving sid $10,000 to purchase a used car select the correct definition of financial intermediation. the process of family or loved ones providing you with some money to pay off your credit card bills the process of family, loved ones, and trained financial professionals confronting a person about how their financial decisions are self destructive the process of an institution operating between a saver with financial assets to invest and an entity who will receive those assets and pay a rate of return the process of learning more about financial transactions

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

answer; is usually (less than) the socially optimal level of consumption;

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;