A cumulative sentence is the total punishment for one or more crimes, usually imprisonment or fines. It is served consecutively, with one sentence completed before the next. Multiple offenses can result in longer sentences, and even probation violations can lead to cumulative sentencing. A cumulative sentence is the sum total of what a person must […]
Accumulated preferred stock allows issuers to delay dividend payments under certain conditions. Shareholders of this stock have advantages over common stockholders, including receiving past and present dividend payments before common shareholders. The suspension of dividend payments is temporary, and accumulated dividends do not incur tax liability until received. Accumulated preferred stock is a form of […]
