Liquid Paper Corporation is a company best known for its correction fluid, commonly referred to as "white-out." Founded in 1979 by Bette Nesmith Graham, the product was designed to help people easily correct mistakes made while typing. The fluid dries quickly and allows users to write or type over the corrected area, making it a popular tool in offices and schools. Over the years, Liquid Paper has expanded its product line to include various correction products, such as tape and pens. The brand became a staple in the stationery market and is recognized worldwide for its innovative solutions to common writing errors.