👉 Waiver in law refers to a legal principle that allows parties who are not bound by a contract or agreement to agree with another person to enter into an agreement without formally signing it. This can be done through verbal agreements, promises, or implied understanding between individuals. In practice, waivers are common in contracts and other types of agreements where one party may have agreed to certain terms but later decides they no longer want to do so. Waivers can also occur when a person does not intend to fulfill their
