Section 2(d) of the Contracts Act 1950 defines 'consideration' as: "when, at the desire of the promisor, the promisee or any other person has done or abstained from doing, or does or abstains from doing, or promises to do or to abstain from doing, something, such act or abstinence or promise is called a consideration for the promise. " Is it an absolute rule that every contract should be accompanied with consideration? Discuss this aspect with reference to the Contracts Act 1950. (8 markah/marks)