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In a world equally exposed to risk and driven by profit, there is invariably a tension that exists between Insurer and Insured, which arises from the inherent conflict of interest between the two: in the event of a claim, it is typically in the best interest of the Insurer to minimise payouts, while the Insured will claim as much she believes that she is (lawfully) entitled to.
Once regarded as unlawful for being against public policy and therefore unenforceable, restraint of trade clauses are now a common feature in employment contracts.
Life can be unpredictable and challenging, and there may come a time when you end up unable to repay money you owe someone. Ignoring the issue or failing to make arrangements can lead to legal action against you, which often involves receiving a summons.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?