1.What is vicarious liability and why is it a concern for business people?

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

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

4. What is the purpose of the Rules of construction?Provide two of these rules

5. What is an exclusion clause and how is it different from a disclaimer clause?

6. What right do the parties give up when they include an arbitration clause in their contract?

7.What are the advantages of a standard form contract?