A liability waiver is a legal document that individuals sign to release an organization or person from responsibility for potential injuries or damages that may occur during an activity. By signing this document, participants acknowledge the risks involved and agree not to hold the organization liable for any accidents or injuries that may happen. These waivers are commonly used in activities such as sports, recreational events, and adventure tourism. They help protect businesses, like gyms or outdoor adventure companies, from lawsuits by ensuring that participants understand the risks and voluntarily assume them.