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Today's lesson focuses on a waiver and release of liability. A waiver is a legal document that protects businesses from financial responsibility. For instance, places like Pump It Up require you to sign a waiver, indicating that you accept responsibility for any injuries incurred during activities. This document allows customers to acknowledge their own liability. Additionally, it enables companies to hire contractors, who also sign the release, thus protecting the company from financial responsibility in case the contractor is injured or causes damage while working. The session will cover how to create this waiver form.