Liability waivers are legal documents that individuals sign to release an organization or individual from liability for injuries or damages that may occur during an activity. These waivers aim to protect the party from lawsuits by acknowledging the risks involved and agreeing not to hold the organization liable. They are commonly used in various fields, including sports, recreation, and event planning, emphasizing the importance of understanding legal implications in contracts.
congrats on reading the definition of liability waivers. now let's actually learn it.