Final exam Essay Example | Topics and Well Written Essays - 1250 words - 11

Final exam - Essay Example Therefore, the company can use the Miller Act as a legal entry point (Cihon, Patrick and Castagnera 110). Mr. Johnny should be aware that the Miller Act primarily minimizes the difficulties that subcontractors encounter in claiming payments from the prime contractors. Furthermore, the Contract Disputes Act waivers government indebtedness only to lawsuits involving contracts to which government is part, not subcontractors. The Johnny Johns flooring company has the option of seeking payment under the Miller Act and section 8(d) or the Small Business Protection Act. It is also worthwhile that the Prompt Payment Act provides immunity to subcontractor’s payments on government contracts. The Act obliges the federal agencies to include a clause in the contract that imposes the prime contractor to remit payments to the subcontractors for â€Å"satisfactory† performance in the contract within seven days of their receiving payments from the contract owner. In the event, that the flooring company fails to verify the provision of the commitment clause, they have no legal provision to sue the government or the contractor under the Prompt Payment Act. Intellectual property rights are creations including inventions, literary and arts, designs, symbols as well as images used in commerce. The Property rights are regulated to enable the owners obtain recognition and financial benefits from their creations. The rights balance between the interest of the innovators and that of the wider public to ensure an environment in which innovation flourishes. Under the United States Copyright law, the designer of any file retains the ownership of the property rights, but the client acquires the ownership of the end product. In this case, United States Air Force is the customer and the ITI Inc. the designer . Therefore, the United States Air Force owns the new command and control system developed by ITI Inc. However, the Corporation retains ownership of the