Mr. Isaac is lending Gh₵20000 to Mr. Hayford, to be repaid over five years. Mr. Isaac would like to effect a policy on Mr. Hayford’s life to cover the loan should Mr. Hayford die. Mr. Hayford would like to insure Mr. Isaac’s life just in case he dies and the beneficiaries of his will insist that the loan be repaid early. (a)What is the extent of insurable interest in each case? (b)Consider any necessary action if the loan was later repaid earlier than anticipated what happens to the policy? (15marks) B

Hello i’m a florida 16 year old female, turning 17 in august and my boyfriend in 17 turning 18 in august as well a couple weeks before my birthday. it’s currently june 3rd, i told my mom today that i am dating him. we’ve been dating for about 5 months. i told her out of respect because i didn’t want to hide anything anymore. she said that he will not be welcome in our home, she does not want to meet him or his parents, she will get police involved if she has to to make sure he stays away from me. if she does get police involved will he get in trouble and did i do anything wrong? i’m familiar with the romeo and juliet law and don’t think we’ll get in trouble but i need reassurance.