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Evaluate the Determinant 17110107\left| \begin{array} { c c } \frac { 1 } { 7 } & - \frac { 1 } { 10 } \\ 10 & 7 \end{array} \right|

question 36

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Evaluate the determinant.
- 17110107\left| \begin{array} { c c } \frac { 1 } { 7 } & - \frac { 1 } { 10 } \\ 10 & 7 \end{array} \right|

Recognize the features of an illusory promise and its implications on contract enforcement.
Identify the conditions under which a promise to pay a previous debt is enforceable.
Understand the impact of options to cancel on the enforceability of promises.
Analyze the notion of legally sufficient consideration through practical examples.

Definitions:

General-Obligation Bond

A type of municipal bond that is secured by the full faith and credit of the issuing government, including its taxing power to repay the bondholders.

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A gauge that tracks the performance of around 2000 of the smallest American firms listed in the Russell 3000 Index.

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A stock market index tracking the performance of 500 of the largest companies listed on stock exchanges in the United States.

DJIA

Dow Jones Industrial Average, a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.

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