Discus the following questions in detail
Question 1 2 pts The main types of insurance common to construction projects are: O Insurance is not used in construction. O Life insurance and default insurance. Property insurance, liability insurance, and workers compensation insurance. Employment practices insurance, directors and officers insurance, and flood insurance.Question 3 Some researchers who utilise Legitimacy Theory posit that organisations will attempt to operate within the terms of their 'social contract". What is a social contract? Question 4 In 2006 the Australian Government established an inquiry into corporate social responsibilities with the aim of deciding whether the Corporations Act should be amended so as to specifically include particular social and environmental responsibilities within the Act. At the completion of the inquiry it was decided that no specific regulations would be added to the legislation, and that instead, 'market forces' would be relied upon to encourage companies to do the 'right thing' (that is, the view was expressed that if companies did not look after the environment, or did not act in a socially responsible manner, then people would not want to consume the organisations' products, and people would not want to invest in the organisation, work for them, and so forth. Because companies were aware of such market forces they would do the 'right thing' even in the absence of legislation). You are required to explain the decision of the government that no specific regulation be introduced from the perspective of: 1. Public Interest Theory 2. Capture Theory 3. Economic Interest Group Theory of regulation.Question 3 2 pts Commercial General Liability (CGL) insurance: Q Insures against professional liabilities. O Insures against claims of general negligence. O Insures against natural disasters damaging a project. 0 Insures against worker injuries. c. Determine the results of the survey for the following personality traits (10 marks) C\") Percentage of people either extraveit or open to new experiences Percentage of people reporting only 1 of the 3 personality traits Percentage of people reporting at least 1 of the 3 personality traits. Percentage of people reporting match with no personality traits b. A survey was conducted on 2000 people to nd their personality traits. Participants self- reported their personality traits from the three available traits \"extravert\