|
 unilateral mistake | An error on the part of one of the parties to a contract. |
| bilateral mistake | An error on the part of both parties to a contract |
| fraud | deliberate deception to secure an unfair or unlawful gain. |
| rescind | cancel |
| punitive damages | Damages beyond actual damages designed to punish wrongdoer. |
| material fact | Something that is importan or matters to one of the parties to a contract. |
| sales puffery | Law allows store representatives to "talk up" their products. |
| concealment | Nondisclosure. False representation by not saying something they should. |
| misrepresentation | An innocent statement of supposed fact that turns out to be false. |
| duress | Overcoming a person's will by use of force or by threat of force or bodily harm. |
| void | When duress is physical. |
| voidable | When duress is not physical. |
| economic duress | Threats to a person's business or income to cause him or her to enter a contract without real consent. |
| undue influence | unfair and improper persuasive pressure exercised by one person in a relationship of trust with another person. |