Which of the Following Statements About the Immunity of Governmental

question 50

Multiple Choice

Which of the following statements about the immunity of governmental entities is (are) true?
I.Governmental entities are more likely to be immune from liability when performing proprietary functions than when performing governmental functions.
II.Many courts have eliminated the immunity of government entities.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Excel

A spreadsheet program developed by Microsoft used for data organization, analysis, and calculation.

Periodic Interest Payments

Regularly scheduled payments made to a lender or creditor for the use of borrowed money, typically part of the terms of a loan.

Par Value

The face value of a bond or stock as stated by the issuing company, which does not necessarily reflect market value.

Contract Rate

Contract rate is the predetermined price agreed upon in a contract for services or goods, typically over a fixed period.