I would say that dhcpcd is correct and the DHCP server is not correctly 
configured.

Option 121 has to include every route (bar the implied subnet route for the 
address), including the default route.

>From RFC3442


   If the DHCP server returns both a Classless Static Routes option and
   a Router option, the DHCP client MUST ignore the Router option.

   Similarly, if the DHCP server returns both a Classless Static Routes
   option and a Static Routes option, the DHCP client MUST ignore the
   Static Routes option.

Roy

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