The Coronavirus outbreak is causing chaos for businesses worldwide. With workers unable to even get into their offices and having to work from home, traditional office setups are dealing with some big challenges.
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Forfeiture refers to the loss of rights, property, or assets, typically due to breaching an agreement or failing to meet obligations. In legal or contractual contexts, it can result in the loss of a deposit, rights to a property, or other assets as punishment for non-compliance.