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A general release of liability, or liability waiver, is a contract that releases one party from liability or harm due to ordinary negligence before any incident occurs. The waiver must be clearly written for an average person to understand, ensuring enforceability. However, it does not protect a party from gross negligence. Common activities requiring liability waivers include participation in sports, recreational activities, attending events, and using premises. It's important to note that a release of liability does not cover prior incidents where harm has already occurred; it is primarily relevant for potential future harm.