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In this tutorial, Sharon from Let's Get Down to Business Boot Camp explains the waiver clause commonly found in contracts. Typically located towards the end in the general terms or miscellaneous section, the waiver clause states that if one party fails to enforce a provision against the other, it does not mean they forfeit their rights to enforce future breaches or seek remedies. In simple terms, choosing not to act on one violation does not relinquish the right to address future violations. The tutorial aims to clarify this often confusing aspect of contract law.