The Possibility of Factorizable Contextual Hidden Variable Theories

Considering an extended type of Bohm's version of EPR thought experiment, we derive Bell's inequality for the case of factorizable contextual hidden variable theories which are consistent with the predictions of quantum theory. Usually factorizability is associated with non-contextuality. Here, we show that factorizability is consistent with contextuality, even for the ordinary Bohm's version of EPR thought experiment.