Customers who rent can opt for a damage liability waiver, which varies according to the value of the work.

Often these standard terms conflict (e.g. both parties include a liability waiver in their form).

For example, businesses may require that persons sign a waiver (called a liability waiver) acknowledging and accepting the hazards of an activity.

When the right to hold a person liable through a lawsuit are waived, the waiver may be called an exculpatory clause, liability waiver, legal release, or hold harmless clause.

The bicycle can be checked out like a library book, a liability waiver can be collected at check-out, and the bike can be returned any time.