A Toxic Security Is Another Name for

question 16

Multiple Choice

A toxic security is another name for

• A) bank mortgages and investments that lost a good deal of their value during the global financial crisis.
• B) credit default swaps.
• C) the U.S. version of SWFs.
• D) a new drink in honor of all the CEOs of major businesses who lost their jobs during the financial crisis.

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Definitions:

Global Business

Commercial activities conducted at an international level, involving the exchange of goods, services, and information across borders.

Values and Ethics

Fundamental beliefs and principles that guide behavior, influencing how individuals and organizations distinguish between right and wrong.

Values Drift

The gradual shift in the beliefs and principles that guide an individual's or organization's behavior, often unnoticed until significant change has occurred.

Personal Values

Core beliefs and principles that guide an individual's behavior and decision-making, reflecting what is important to them in life.