All of the following statements are true regarding consideration EXCEPT:
a. Consideration is anything that someone might want to bargain for.
b. Usually consideration is either doing or promising to do something you are not legally required to do (sell my car) or refraining from doing something you are legally entitled to do (drink if over 21).
c. Consideration is a required element of a contract.
d. Consideration is not a required element of a contract.
Answer: D
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