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.
Answer:
D) None of the above
Explanation:
When it comes to strongest risk factor for predicting child abuse or neglect, none of the given options can be regarded as the strongest risk factor or predictor for child abuse or neglect. This is based on the idea that socioeconomic status does not necessarily act as a predictor for child abuse or neglect while culture and religion are also not major risks in this regard. On the other hand, parental history of mental health issues, child abuse or neglect is consider as an important risk factor and predictor when looking at such issues.
No, it's like a massive prison. If you attempt to leave, you will be publicly executed.
