Consideration
that which the promisor demands and receives as the price for a promise.
Duress
a means of removing one�s free will, obtaining consent by means of a
threat to do harm to the person, his family, his property, or his
earning power.
Fiduciary
a relationship of trust and confidence, such as that which exists
between partners in a partnership.
Fraud
the intentional or reckless false statement of a material fact, upon
which the injured party relied, which induced the injured party to
enter into a contract, to his or her detriment.
Misrepresentation
stating an untrue fact.
Promissory estoppel
an equitable doctrine that prevents the promisor from revoking the
promise when the promisee justifiably acts in reliance upon the
promise to his detriment.
Rescind
to set aside or cancel something.
Rescission
canceling, annulling, avoiding.
Rejection
refusal to accept.
Revocation
the annulment or cancellation of an instrument, act or promise by one
doing or making the offer.
Undue Influence
improper influence that is asserted by one dominant person over
another, without the threat of harm.