What Is a Key Difference Between a Venture's Advisory Board

question 12

Multiple Choice

What is a key difference between a venture's Advisory Board and its Board of Directors?

• A) An advisory Board has no legal liability
• B) The Board of Directors does not get paid
• C) The Advisory Board expects nothing in return
• D) The Board of Directors is comprised of reference customers

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Definitions:

Nonperformance

The failure to fulfill a duty or obligation, particularly in terms of meeting the terms of a contract.

Disaffirm The Contract

The legal right of a party to renounce or revoke consent to a contract, typically due to incapacity or misrepresentation.

By Words

Through verbal expression or speech rather than written documents.

Forms Of Gambling

Forms of gambling are various types of betting or wagering activities, including lotteries, sports betting, casino games, and online gambling.