Limited liability for a corporation's common shareholders is a protective provision that aids the

corporation in raising funds.

Indicate whether the statement is true or false

TRUE

Business

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Which of the following statements is FALSE?

A) Quantum meruit is part of the law of restitution B) Quantum meruit is a means of correcting an unjust enrichment. C) In awarding damages under quantum meruit, the courts must estimate the value of a benefit conferred by the plaintiff. D) Quantum meruit is resorted to when a remedy is not available on ordinary contract principles. E) None of the above

Business

Which of the following is NOT true of business incubators?

A) Some business incubators are started by developing countries. B) Some business incubators are run by universities. C) Some business incubators have been started by the Small Business Administration. D) Some business incubators are private organizations. E) Some business incubators are created by cities.

Business