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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A waiver is a legally binding provision where either party in a contract agrees to voluntarily forfeit a claim without the other party being liable.www.investopedia.com/terms/w/waiver.aspA waiver is a legally binding document between two parties stating that a business is not legally responsible for damages or harm potentially incurred as a result of the activity the customer is engaging in.www.waiverfile.com/Article/7-main-reasons-why-yo…A waiver is legally binding if it is voluntarily entered into by both parties with a clear understanding of the rights being waived.karyesh.com/understanding-legal-waivers-what-ma…
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