FOR REVIEW Questions 1. What types of professional associations would lawyers, architects, doctors, accountants, and engineers belong to? Do they have similar guidelines? If not, what are some differences? (LO 4,1) 2. What types of general occurrences would constitute a breach of fiduciary duty? (LO 4.1) 3. Describe the types of situations where a company could find itself in a product liability lawsuit. What type of strategies should the company have put in place? (LO 4.2) 4. What type of records management strategies should be in place in order to defend a lawsuit regarding product liability? (LO 4.2) 5. What steps can a business owner take to protect his or her business from a lawsuit from a trespasser, a licensee. and an invitee? (LO 4.3)