Terms Definitions One party indicates to the other that they will not perform their contractual obligations Only parties to the contract are bound by it In the absence of other evidence to the contrary, simply showing that the relationship exists is enough for court to allow victim to escape the contract. An assignee can enforce a claim directly (if certain criteria are met) without involving the assignor when this exists. A person knowingly and intentionally misleads another and induces him/her to enter into a contract. False impression or failure to reach consensus as to fundamental element or term in a contract When a new contract is created by substituting a new party for one of the original parties to the original contract and with the agreement of all. This type of contract flaw exists when one party threatened or was actually violent with another party to induce him/her to enter a contract