Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

10 Questions

0 Views

International Trade in Services

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the primary purpose of securing a professional liability insurance for foreign architects practicing in the Philippines?

To protect against claims alleging negligent acts, errors, or omissions in the performance of architectural services.

What is the significance of a locally-secured PLI for an individual foreign architect?

It covers individual FAs and not foreign architectural firms, and it must cover an individual FA for an individual project on Philippine soil.

What is the benefit of having a PLI policy that covers legal costs to defend against a claim?

It provides legal assistance, which may be even more valuable than having coverage to pay for actual negligence.

Who is responsible for implementing the rules and regulations for foreign architects practicing in the Philippines?

The Board, in consultation with the integrated and accredited professional organization of architects. Signup and view all the answers

What is the timeframe for implementing the rules and regulations for foreign architects practicing in the Philippines?

Within six (6) months from the effectivity of this Act. Signup and view all the answers

Why may a client require a foreign architect to have a PLI policy?

Because PLI policies may be a client requirement, and are as specialized and diverse as the variety of professional services that exist. Signup and view all the answers

What is the significance of having a professional liability insurance that is commensurate with the nature and magnitude of the project involvement?

It provides coverage that is proportionate to the level of risk involved in the project. Signup and view all the answers

Can a locally-secured PLI cover multiple projects for a single client?

No, it must cover an individual FA for an individual project on Philippine soil. Signup and view all the answers

What is the benefit of having a professional liability insurance that is secured locally?

It provides coverage that is specific to the Philippine market and takes into account local regulations and requirements. Signup and view all the answers

Why is it important for foreign architects to secure a professional liability insurance that is acceptable in the Philippines?

It provides protection against claims alleging negligent acts, errors, or omissions in the performance of architectural services, and is a requirement for practicing in the Philippines. Signup and view all the answers