The Consequence of a Victim to a Defendant's Criminal Act

question 37

Multiple Choice

The consequence of a victim to a defendant's criminal act is termed ______ intervening act.

• A) proximate
• B) factual
• C) responsive
• D) legal

---

Definitions:

Cumulative Abnormal Returns

The sum of abnormal returns over a specified time period, often used to assess the impact of events in event studies.

Event Studies

Analysis methodology used to assess the impact of a specific event on the value of a company or an asset.

Firm-specific Events

Events that affect only a particular company's stock or financial performance, rather than the market or industry as a whole.

Event Studies

Empirical analyses performed to assess the impact of a particular event on the value of a firm, often through the study of stock prices.