A liability waiver is a legal document that individuals sign to acknowledge the risks associated with a specific activity and agree not to hold the organizer responsible for any injuries or damages that may occur. This is commonly used in activities like sports, recreational events, or adventure outings, where the risk of injury is higher. By signing a liability waiver, participants understand that they are voluntarily assuming the risks involved. It is important to note that while waivers can protect organizers, they may not always be enforceable in court, especially if negligence is involved or if the waiver is poorly written.