Professional Development and Ethics

Question 1

sole proprietorship

Answer 1

the company is owned by an individual and operates under either the individual’s name or a company name.

Question 2

partnership

Answer 2

two or more people share in the management, profits, and risks of the business.

Question 3

corporation

Answer 3

an association of individuals, created by statutory requirements, having an existence independent of its members

Question 4

limited liability company

Answer 4

hybrid business organization that combines the advantages of the corporation and the partnership

Question 5

joint venture

Answer 5

temporary association of two or more persons or firms for the purpose of completing a project

Question 6

departmental organization

Answer 6

a project moves through the office from one department to another

Question 7

studio organization

Answer 7

based on various smaller groups in the business, called studios. each studio is responsible for completing an entire project, from initial planning to production and construction administration

Question 8

professional liability insurance

Answer 8

protects the designer in case some action by the designer causes bodily injury or property damage. good for incorrect specs, mistakes on drawings, and incorrect installation of furniture

Question 9

general liability insurance

Answer 9

includes a range of insurance protection against claims of property damage, liability, and personal injury caused by the designer or employees

Question 10

property insurance

Answer 10

protects the designers building and its contents against disasters such as fire, theft, and flood

Question 11

personal injury protection insurance

Answer 11

protects the interior designer against charges of slander, libel, defamation of character, misrepresentation, and other torts

Question 12

automobile insurance

Answer 12

covers liability and property damage to vehicles owned and used by the business and can include protection against claims made by employees using their own cars while on company business

Question 13

workers compensation insurance

Answer 13

is mandatory in all states and protects employees in the event of injuries caused by work related activities

Question 14

AIA Document A251

Answer 14

General Conditions of the Contract for Furniture, Furnishings, and Equipment - the owner is required to carry his or her own liability insurance as well as property insurance for the full insurable value of the work

Question 15

ASID ethical guidelines

Answer 15

1. responsibility to the public
2. responsibility to the client
3. responsibility to other interior designers / colleagues
4. responsibility to the profession
5. responsibility to the employer