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: the act of intentionally relinquishing or abandoning a known right, claim, or privilege. also : the legal instrument evidencing such an act.
A waiver is a binding agreement between a customer and a company that serves to release the company from liability for certain actions or risks. If a customer refuses to sign a waiver, the company may refuse to provide services. A waiver can be used to: Protect your business from potential lawsuits.
Liability waivers can be used to protect against liability claims or suits for damages from injuries that were determined to be caused by the negligent acts of an organization, like a local Little League program.
Waiver legal definition: The function of a waiver in the legal world is to allow a person to voluntarily and intentionally relinquish a right. Waivers are usually in the form of a written statement.
Hear this out loud PauseWaivers are written agreements that say the sponsor of an activity will not be liable for harm suffered by participants. Although waivers are primarily legal tools, they also serve an educational purpose by making people think about the potential risks of an activity.