100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
AU 62 Professional Liability Test Questions and Answers All Correct $11.49   Add to cart

Exam (elaborations)

AU 62 Professional Liability Test Questions and Answers All Correct

 1 view  0 purchase
  • Course
  • AU 62 Professional Liability
  • Institution
  • AU 62 Professional Liability

AU 62 Professional Liability Test Questions and Answers All Correct What statement is accurate when considering the legal foundations for the professional liability of architects and engineers? - Answer Claims against architects and engineers are more likely to hinge on the interpretation of con...

[Show more]

Preview 1 out of 3  pages

  • September 23, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • AU 62 Professional Liability
  • AU 62 Professional Liability
avatar-seller
Scholarsstudyguide
AU 62 Professional Liability Test Questions
and Answers All Correct
What statement is accurate when considering the legal foundations for the professional
liability of architects and engineers? - Answer ✔ Claims against architects and
engineers are more likely to hinge on the interpretation of contracts than on the
application of common law principles.

Services provided by architects and engineers, unlike those of many other
professionals, are almost always governed by a contract between the parties. Disputes
between the parties to the contract are generally resolved by - Answer ✔ binding
arbitration

An engineer and an architect have a joint firm. While the architect is out of town, the
engineer drafts architectural plans for a client's log cabin. The finished building is
ultimately deemed structurally unsound due to flaws in the design. Which one of the
following allegations will the firm most likely confront?

A) Breach of contract
B) Practicing beyond the scope of the license
C) Conflict of interest
D) Negligent supervision of construction - Answer ✔ Practicing beyond the scope of the
license

What is true regarding evaluating the PL exposure of a hospital? - Answer ✔ Geriatric
care and physical rehabilitation are less prone to losses than are pediatric, neonatal,
and obstetric care

Is the underwriter permitted to request that a physician's practice history be part of the
application? - Answer ✔ Yes

Do national and local medical societies maintain almanacs and catalogs that UWs can
use to verify a physician's statement on prior statement on prior practice? - Answer ✔
yes

Tania works at a Stevens Insurance Agency (SIA) and thought she had an authority of
$500,000 and bound a house for $450,000 with Westfolk Mutual. After the house
burned down, she found out her authority was only $250,000 in that location. How will
the claim most likely be handled by Westfolk Mutual? - Answer ✔ Westfolk Mutual will
likely pay the full loss per the binder, and likely seek recovery from SIA for the $200,000
that exceeded binding authority.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Scholarsstudyguide. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

80202 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.49
  • (0)
  Add to cart