Which of the Following Statements Is TRUE

Multiple Choice

Which of the following statements is TRUE?

A) Consideration must be adequate but it does not have to be sufficient.
B) A person can provide consideration by making a promise that will either create a benefit for itself or impose a detriment upon the other party.
C) A party seeking to receive the benefit of a promise does not have to provide consideration if it placed its seal upon a document in which the promise is contained.
D) Love and affection can serve as consideration if a contract is created between family members.
E) To place a contract under seal, a person may either apply a seal or write the word "seal" on a document.