Tennis star Venus Williams has a contract with Nike Corporation to endorse its sports products. The contract includes a morals clause which states that if Venus commits any act that brings widespread contempt, scandal, or ridicule upon herself or Nike the contract can be voided at Nike's sole discretion. The Statement: This is not a valid contract because it has illusory consideration, and there is no mutuality of obligation because Nike can void the contract at its sole discretion. a. True
b. False

The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. the ceo generally works under the board and its chairman, and the board generally has the authority to remove the ceo under certain conditions. the ceo, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. it is possible for a person to simultaneously serve as ceo and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person. true false

Arival company manufactures fuel tanks for cars using a different production technique. the total weekly cost (in dollars) of producing x tanks is given by c(x) = 10000 +90x - 0.04x2 find the marginal cost at a production level of 500 fuel tanks per week to approximate the cost of the 501st unit (round to the nearest 2 decimal places, if needed)

Communication comes in various forms. which of the following is considered an old form of communication? a) e-mail b) letter c) skype d) texting