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WILLOW POND STABLES, LLC 2240 S. River Road Saginaw, MI 48609 989-781-7707 RELEASE AND WAIVER OF LIABILITY, ASSUMPTION OF RISK, AND INDEMNITY AGREEMENT READ THIS AGREEMENT CAREFULLY BEFORE SIGNING.

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Assumption of risk refers to a legal doctrine under which an individual is barred from recovering damages for an injury sustained when he or she voluntarily exposed him or herself to a known danger.

assumption of risk in Insurance (əsʌmpʃən əv rɪsk) noun. (Insurance: Underwriting) Assumption of risk is the practice of paying for minor losses yourself, but protecting against catastrophic losses by buying insurance cover.

An Acknowledgment of Risk and Waiver of Liability form (also known as a waiver) is used to: Inform prospective participants of potential risks involved with an activity. Allow an individual to voluntarily choose to incur risks.

To prove assumption of risk, a plaintiff must show “three elements: one must have full knowledge of a condition; the condition must be dangerous—a risk of harm; and the plaintiff must be voluntarily exposed to the hazard created.”

Primary assumption of risk is when someone is injured in an inherently risky activity, but due to no specific fault of you or your business. This is where the Assumption of Risk waiver fully protects your business as these risks are fully outlined and accepted by a participant.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232