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The video discusses the possibility of setting aside a marriage contract or separation agreement when a party feels they received a bad deal. People often sign these agreements hastily, under pressure, or without full understanding, leading to various reasons for their invalidation. Key factors that can lead to setting aside a poorly drafted domestic contract include lack of financial disclosure. The speaker compares negotiating a domestic contract to the game show "Let's Make a Deal," suggesting that the decision-making process can be misleading without proper information.