Which term refers to a voluntary relinquishment of a right?

The correct term that refers to a voluntary relinquishment of a right is "waiver." In legal contexts, a waiver occurs when an individual consciously chooses to forgo a known right or privilege. This act must usually be intentional, clear, and voluntary, demonstrating the individual's decision to relinquish the right. Waivers are commonly seen in various legal agreements, where one party might give up their right to claim a legal benefit or advantage.

Understanding the concept of waiver is important in funeral service education, as it often applies in situations such as authorizing the release of information, waiving a claim against a funeral home, or agreeing not to dispute charges or services provided.

Abandonment, while it involves the act of giving up a right or property, typically implies a more permanent and often involuntary relinquishment. Forbearance refers to the act of refraining from exercising a right, which is not the same as giving it up. Acceptance, on the other hand, refers to agreeing to a particular offer or situation, and does not relate directly to the voluntary relinquishment of a right.