In Chapter 4, you have learned about several terms commonly used within contracts. For this assignment, explains four of these contract related terms and you will provide an example of each.

This assignment must be completed using the following:

PCFS72061.pdf (premiergroup.ca) Liability insurance is an extremely valuable tool that protects businesspeople from serious financial consequences of litigation. Liability insurance is a common contract of business and, as such, it will contain common contract terms such as the ones discussed in Chapter 4. Review the document and find examples of the four common contract terms that your group has selected: AND

2006 SCC 21 (CanLII) | Jesuit Fathers of Upper Canada v. Guardian Insurance Co. of Canada | CanLII As this case illustrates, a prudent businessperson must consider the type of coverage required before purchasing insurance. Use this case to help explain the implications of the terms that your group has chosen for your presentation slides.

RESOURCES

Occurrence VS Claims-Made Liability Policies - YouTube

Case Comment: Jesuit Fathers of Upper Canada v. Guardian Insurance Co. of Canada - Whitelaw Twining

The Spanish School Saga - A New Direction in "Claims Made" Coverage - Canadian Underwriter