Unemployment, poverty and human rights are obstacles in the
formation of social responsibility. This
greatly prevents a person to be able to
develop social responsibility. Having a
job teaches a person the value of responsibility. It also enables him to stand on his own two
feet and later encourages him to do a bigger role in society. If a person is financially secure and have rights
then that person can do more for society.
Answer:
The Global Economic Crisis
Factors that led to the Mortgage Crisis include all:
A) Mortgages were accessible for borrowers who did not meet income and minimum down payment requirements. Moreover, the Fed kept interest rates really low to prevent a recession. This led to a decrease in the demand for homes and a further decline in housing prices.
B) The total amount of risk embedded in the securities created by bundling mortgages did not change. The securitization and resecuritization processes led to a distribution of total risk among different types of collateralized securities.
C) Mortgage payments based on short-term interest rates-called adjustable-rate mortgages (ARMs)—were preferred by subprime borrowers.
D) Rating agencies, such as Moody's and Standard & Poor's, earned fees from securitizing agencies for providing ratings for CDOs. The securitizing agencies were looking for higher ratings for their CDOs, and the rating agencies were earning fees. This led to a conflict of interest; thus, ratings did not reflect the true risk involved in the CDOs, which were backed by mortgages.
Explanation:
Hedge funds, banks, and insurance companies helped to cause the subprime mortgage meltdown while regulators looked the other way. They were given free rein to construct so many complex securities which somehow contributed to the mortgage defaults with financial institutions skimming fees during the securitization processes, and mortgages were made accessible for borrowers who did not meet the income and minimum down payment requirements.
A crime that occurs the virtual community of the internet
Answer:
Barter system
Explanation:
Barter system - it is system of exchanging the good and service with others good and service in that return. the main point to note in this is that medium of offering services and goods is ignored i.e. money.
these type of system is used in society from centuries and long time back before money was introduced.
The North Carolina offer to buy and settlement is likewise often called a due diligence agreement.
Due Diligence is a procedure that entails threat and compliance by taking a look at, engaging in research, overview, or audit to verify statistics and facts about a selected challenge.
Due diligence money is a fee that consumers proffer on the time they make a proposal on a home. In essence, it's for the consumer's excellent religious charge to the vendor. at some point in the due diligence period, the vendor pulls the house off the marketplace while the purchaser completes inspections.
Not including the fees for both the buyer's and supplier's team, legal professionals' expenses for due diligence would possibly range from $ to five-50,000, fine of profits critiques can range from $30-300,000, and a marketplace study will range from $one hundred fifty-350,000, and consulting corporations will have prices on the pinnacle of these.
Learn more about due diligence here: brainly.com/question/14547659
#SPJ4
