Question: Identify a true statement about the contract element of consideration. Courts will enforce contractual promises that are not supported by consideration. Consideration must be in

Identify a true statement about the contract element of consideration. Courts will enforce contractual promises that are not supported by consideration.

Consideration must be in the form of money.

The enforceability of the contract depends on the amount of the consideration.

Valid consideration can include a promise to do something or refrain from doing something.

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