Subprime mortgages were considered toxic assets because mortgages were bought by investment banks and they bundled them and sold them as securities is True.
<h3><u>Explanation:</u></h3>
Toxic assets are those which can be sold a very low price therefore not making any profit for the seller due to significant drop of value or because they aren’t in demand anymore and cannot be sold in the market. Subprime mortgages were one of the risky investments in the midst of the financial recession.
Subprime mortgages from lenders were loaned to borrowers with no assets, poor credit and sometimes not even an income and sold to investors with regular payments as security. This over securitization was one of the major cause that triggered the financial crisis in 2007-2009 and a decrease in housing demand.
Give them candyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy
Answer:
C) Mr. Baumer would still try to get back at Slade.
Explanation:
In the short story "Bargain" written by A.B. Guthrie, Jr, the plot revolves especially around the enmity o a shopkeeper Mr. Baumer and a drunk penny cheater Slade. The story tells of how Slade gets his due after all the trouble he had caused Mr. Baumer.
Slade had been acquiring unpaid bills for the goods he took from Mr. Baumer's shop. And he had no intention of paying for them. Every time he was approached with the bill, he'd torture and beat the tiny shopkeeper. One instant shows him beaten so badly that he had to give up the use of his arm for a long time, even hiring a new helper for the shop.
The fight scene where Al, the helper of the store, talks about is where Mr. Baumer had been badly beaten up. Al reveals that even after the heavy beating Mr. Baumer had just got, he did not seem to give up on the idea of making Slade pay for whatever he had owed, if not in cash, but kind. This statement of Al that Baumer <em>"didn’t look beaten even"</em> reveals that he will still try to get back at him.
