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Case 2.3
Tammy is an unemployed probationer. Her probation officer has noted several times that she has been seen in the company of three girlfriends at a local park. She has a long record of convictions for various misdemeanor and felony crimes. Tammy is sentenced to three years in prison based on the following statute: “Any person not engaged in any lawful occupation, known to be a member of any gang consisting of two or more persons, who has been convicted at least three times of being a disorderly person, or who has been convicted of any crime, in this or in any other State, is declared to be a gangster….”
-Laws such as the one under which Tammy was sentenced violate what constitutional guarantee?
Balance Sheet
A record that provides an overview of a company's assets, the liabilities it carries, and shareholder equity, focused on a precise date.
Stockholders' Equity
The portion of a company's assets that belongs to the shareholders after debts and liabilities have been settled.
Common Stock
Shares representing ownership in a company, entitling holders to vote at shareholder meetings and receive dividends.
Net Income
The conclusive earnings a company retains after all operational costs and taxes are taken away from the revenues.
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