"Quantum Meruit" Means

question 152

Multiple Choice

"Quantum meruit" means

• A) "a shield but not a sword."
• B) "a meeting of the minds."
• C) "as much as deserved."
• D) "the ultimate freedom to contract."
• E) "to stand on decision."

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Definitions:

SIPC

Securities Investor Protection Corporation, an organization that protects investors from the loss of cash and securities in case a brokerage firm goes bankrupt.

Securities Exchange Act

A U.S. federal law enacted in 1934 that regulates the securities industry, including the secondary trading of securities, to protect investors against malpractices.

NYSE Arca System

An electronic securities exchange in the U.S. for exchange-traded products, including ETFs and equity options.

Conflicts of Interest

Situations in which an individual or entity has competing interests or loyalties that could potentially influence the objective judgment or actions in their role.