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Bob's Painting Service Hired 3 Temporary Workers Through Deb's Temps

question 38

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Bob's Painting Service hired 3 temporary workers through Deb's Temps. Bob didn't ask if back ground checks had been done on the employees. Deb did not check the criminal records for the workers hired by Bob. One of the workers, Joe Herrington, had been convicted of rape and had just recently been released from prison. While working for Bob, Joe attacked and raped the owner of the home that was being painted. The owner sued Bob.


Definitions:

Momentum

An investment strategy that aims to capitalize on the continuance of existing trends in the market.

Fama-French Three-factor Model

A model designed to describe stock returns through three factors: market risk, value vs. growth, and company size.

Default Spread

The additional yield that investors demand for holding a corporation's debt over a risk-free security, compensating for the risk of default.

Probability Distributions

Probability distributions describe how the probabilities of different possible outcomes are distributed for a specific random variable.

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