Arbitration 101

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Questions and Answers

Which type of dispute resolution process is more formal than mediation?

  • Negotiation
  • Collaborative law
  • Arbitration (correct)
  • Litigation

What qualifications are required for an arbitrator?

  • Knowledge of statutory procedures (correct)
  • Experience in mediation
  • Expertise in specific fields
  • Retired judge status

What type of insurance is mandatory in most provinces for professionals?

  • Health insurance
  • Auto insurance
  • Property insurance
  • Liability insurance (correct)

Which type of insurance coverage should architects require subconsultants to carry for each project?

<p>Professional liability insurance (D)</p> Signup and view all the answers

What is the purpose of a limitation of liability clause in client-architect agreements?

<p>To limit the architect's liability to the client to the amount of insurance coverage available at the time of claim (D)</p> Signup and view all the answers

What is the purpose of the basic limitation period in statutes of limitations?

<p>To provide a time limit within which a claim can be made (A)</p> Signup and view all the answers

What should architects do if they believe a claim might be made?

<p>Notify the professional liability insurer and follow their advice (B)</p> Signup and view all the answers

What does it mean for architects to perform their services to a 'professional standard of care'?

<p>Architects must provide service with a high degree of care and skill (A)</p> Signup and view all the answers

What can happen if an architect does not meet the professional standard of care?

<p>The architect may be found negligent and face professional misconduct charges (C)</p> Signup and view all the answers

What are some common exclusions under a typical professional liability insurance policy?

<p>Fraudulent and dishonest acts; contractual liability; products liability; construction activities carried out by the professional; express warranties and guarantees (D)</p> Signup and view all the answers

What should architects do if a client agreement mandates a certain level of insurance beyond the limits carried by the firm?

<p>The policy should be amended accordingly (D)</p> Signup and view all the answers

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