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[Music] understanding waiver of liability A Simple Guide hello everyone welcome back to our Channel today were going to dive into a very important phrase that you might come across in various contexts waiver of liability understanding this term is crucial especially if youre involved in activities services or transactions where risks are present lets break it down together so you can fully grasp what it means and how it affects you a waiver of liability is a legal document or Clause within a contract where one party agrees to give up their right to sue the other party for any injuries damages or losses that might occur as a result of participating in a particular activity are using a service product in simpler terms its like saying I understand the risks involved and I promise not to hold you responsible if something goes [Music] wrong when youre looking at a waiver of liability there are a few key elements you should be aware of voluntary agreement the decision to sign a waiver s
