Examlex
Fact Pattern
Maya and Noel work at OpenFlo Plumbing Supply.Maya is a plumbing engineer who works with OpenFlo clients on residential plumbing and field draining and irrigation projects.OpenFlo closely supervises all of its engineers,and dictates their work schedules.Noel works part-time in the evenings cleaning the offices and warehouse.
-Refer to Fact Pattern 20-1A.Noel is OpenFlo's
Fama and French
A multifactored model developed by Eugene Fama and Kenneth French to describe stock returns, incorporating market, size, and value factors among others.
Efficient-Market Hypothesis
A theory that suggests that financial markets fully absorb and reflect all available information, making it impossible to consistently achieve higher returns than the market average.
Small Investor
An individual investor who makes relatively small amounts of investments in the stock market or other financial markets, often with limited resources.
Mutual Funds
Mutual funds are investment vehicles comprised of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.
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