Assignment:

1.What is vicarious liability and why is it a conceren for business people?(2 marks)

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2.What is a standard of care and how is it measured?(2 marks)

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3. What are the five (5) elements of negligence?(2 marks)

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4. What is the prupose of the Rules of construction?Provide two of these rules(3 marks)

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5. What is an exclusion clause and how is it different from a disclaimer clause?(2 marks)

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6. What right do the parties give up when they include an arbitration clause in thier contract?(2 marks)

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7. What are the advantages of a standard form contract? (2 marks)