One of the Earliest Forms of Leniency Was Known as _______________

question 2

Multiple Choice

One of the earliest forms of leniency was known as _______________ which came in two forms-one that was largely secular in nature and the other that had its roots in Christian religion.

• A) benefit of clergy
• B) judicial reprieve
• C) sanctuary
• D) recognizance

---

Definitions:

Par Preferred Stock

A type of preferred stock that has a nominal face value and is entitled to dividends before any dividends can be issued to common stockholders.

Retained Earnings

Profits that a company has kept or retained rather than distributing to shareholders as dividends.

Net Income

The net income of a business once all costs, taxes, and expenses are deducted from its total revenue.

Dividend

A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits.