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todays lesson were gonna look at a form called a waver and release of liability so go ahead and take out your business document notes and write down any key features or things that are important about a waiver basically this is a way for a business to protect themselves from financial responsibility so for example if you go to pump it up they have you sign a waiver because if you get hurt then that is on you to pay for so it provides a way for customers to show that they take full responsibility for any injuries that result from taking part in the activities it also allows companies to hire out contractors so maybe like a painting company needs extra workers in their busy season so theyll hire out contractors and basically the contractor signs the release and it releases the company from any financial responsibility if the contractor is hurt or if the contractor damages the property while theyre on the job so its a way to protect companies were gonna look at creating this form so