Assumption of risk means a plaintiff willingly engaged in the activity that harmed them despite knowing there was a potential risk of harm to them. Assumption of Risks; Liability.Assumption of the Risk. As a volunteer, I understand that I control the dates and times when I am available to volunteer. The student must complete the Fulton County Sheriff's Office Intern's Assumptions of Risk and Waiver of Liability. Document the participant's assumption of risk, waiver of rights, and release of claims if an accident or injury arises. To provide a uniform and transparent system of personnel administration throughout the County organization.