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Detective Dan Just Completed a Lengthy Investigation into a Complex

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Detective Dan just completed a lengthy investigation into a complex embezzlement case involving gourmet food trucks at a local outdoor market. During his surveillance he noted that sales were frequently made without using the cash register and that it was common for the person taking orders from customers to commingle money from sales with personal funds. Prosecutor Paula decided to take the case to the grand jury instead of having a preliminary hearing. What is the advantage of doing this?

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Definitions:

Noncumulative

Pertains to certain preferential shares or rights that do not have the feature of accumulating unpaid dividends or benefits, contrasting with cumulative counterparts.

Preferred Stock

A type of stock that provides holders with certain privileges over common stockholders, typically with fixed dividends and priority in asset distribution upon liquidation.

Par Value

The face value of a bond or a stock's stated value per share, which may bear no relation to its market value.

Price-Earnings Ratio

A financial ratio that measures a company's current share price relative to its per-share earnings, indicating the value assigned by the market for every dollar of earnings.

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