Liability waivers can protect an individual or organisation from being held responsible for injuries or damages that may arise from a risky situation. With this contract in place, parties can often avoid an unnecessary legal battle and resolve a dispute outside of court. This document is particularly helpful for entertainment or tourism businesses because it communicates the risks of a certain activity to a participant. For example, a company that rents boats may do their best to maintain the quality and performance of their equipment. However, they cannot control how a person operates a boat or the weather conditions that may affect their trip on the water. In this case, a waiver would communicate these risks and protect the company from being held liable for any injuries resulting from misuse of the equipment. Without a Release of Liability, a harmed individual could exercise their right to seek legal recourse.