Are You Qualified to be an Arbitrator?
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Questions and Answers

Which of the following is NOT a key entity involved in a construction project?

  • Legal counsel (correct)
  • Contractors
  • Suppliers
  • Owners

What is an important part of an architect's risk management strategy in relation to handling disputes?

  • Volunteering payments to claimants without notifying the insurer
  • Not involving the professional liability insurer
  • Admitting liability
  • Reporting and sharing issues internally (correct)

When might alternative dispute resolution (ADR) be proposed?

  • When negotiations fail to reach a mutual agreement (correct)
  • When the architect admits liability
  • After litigation has already begun
  • At the start of a construction project

Which method of dispute resolution involves a neutral person assisting the parties in their negotiations to resolve the dispute?

<p>Mediation (A)</p> Signup and view all the answers

What is the purpose of partnering in dispute resolution?

<p>To enhance the chemistry among the participants (B)</p> Signup and view all the answers

Which method of dispute resolution allows for creative solutions and the preservation of relationships between the parties?

<p>Mediation (D)</p> Signup and view all the answers

What is the final and binding determination made by an independent and impartial arbitrator called?

<p>Arbitration (C)</p> Signup and view all the answers

Which type of policy is recommended for architects who are ceasing to practice?

<p>Run-off policy (C)</p> Signup and view all the answers

Who should architects consult with regarding insurance options?

<p>All of the above (D)</p> Signup and view all the answers

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

<p>To minimize exposure to potential claims (A)</p> Signup and view all the answers

What is the purpose of a run-off errors and omissions policy for subconsultants?

<p>To obtain additional coverage (B)</p> Signup and view all the answers

Which of the following is true about the qualifications of an arbitrator?

<p>Arbitrators must have knowledge of statutory procedures and relevant legislation. (A)</p> Signup and view all the answers

Who is responsible for paying the costs associated with arbitration?

<p>The parties involved in the dispute (C)</p> Signup and view all the answers

What is the purpose of professional liability insurance for architects?

<p>To cover damages caused by negligence (C)</p> Signup and view all the answers

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

<p>All of the above (D)</p> Signup and view all the answers

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