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11 Questions

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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?

Professional liability insurance Signup and view all the answers

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

To limit the architect's liability to the client to the amount of insurance coverage available at the time of claim Signup and view all the answers

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

To provide a time limit within which a claim can be made Signup and view all the answers

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

Notify the professional liability insurer and follow their advice Signup and view all the answers

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

Architects must provide service with a high degree of care and skill Signup and view all the answers

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

The architect may be found negligent and face professional misconduct charges Signup and view all the answers

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

Fraudulent and dishonest acts; contractual liability; products liability; construction activities carried out by the professional; express warranties and guarantees 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?

The policy should be amended accordingly Signup and view all the answers