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