👉 Waiverable is a legal concept that refers to an action or transaction that can be undone by the party who performed it, often in order to avoid certain consequences. In other words, if someone waives their right to perform a contract, they are no longer obligated to fulfill their obligations under the contract. Waivers can occur for various reasons such as when one party is unable to perform due to illness or injury, not wanting to fulfill an obligation that was previously agreed upon, or simply choosing not
