Today is 27 September 2013 and Congress passed the FY2014 DoD Authorization Act

Today is 27 september 2013 and congress passed the

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Today is 27 September 2013, and Congress passed the FY2014 DoD Authorization Act. The FY2014 Appropriations Act has not been passed yet. Your installation's base support services contract (for security, recreation activities, vehicle maintenance, janitorial services, and the like) currently held by Doan, Inc. is of utmost concern to Brigadier General Combat. She wonders why we have not exercised Doall's two options for services beginning 1 October 2013 through 30 September 2014. BG Combat remarks that Mr. Einstein, Director of the U.S. Special Operations Test and Evaluation Command (USSOTEC) has S250,000 of unobligated FY2013 Research, Development, Test, and Evaluation (RDT&E) funds available because of delays in one of its programs. Doall provides support services (for operation and maintenance of USSOTEC facilities) directly to USSOTEC under a separate line item in the contract. There were two options in the contract: one for installation services for the base and one for the USSOTEC services. BG Combat wants the FY2014 options exercised and the S250,000 obligated. Which of the following statements is correct based on this scenario? C) FY2014 funding is available for obligation before October 1, 2013. C) FY2013 RDT&E funds may be used to exercise the FY2014 option for the LISSOTEC services. C) The FY2014 Authorization Act actually appropriates funding C) FY2014 RDT&E funds may be used to fund base installation services. D Mark for follow up
Identify the key features of the various methods used to protect intellectual property Question 4 of 9. Which of the following statements about patents is true?: C) A patent may be granted by U.S. Patent and Trademark Office to the federal government is it pays for the cost of developing a new invention. False - inventors C) A patent may be renewed by U.S. Patent and Trademark Office for an additional period of twenty years. false C) A patent may be granted by US Patent and Trademark Office to a corporation. False - assigned to corp. C) A patent may be granted by the U.S. Patent and Trademark Office for a term of twenty years. D Mark for follow up Identify the elements of a binding contract Question 5 of 9. You advertise your antique desk for sale in the local newspaper. This is a piece of personal property and you are not in the business of selling furniture. A well-dressed gentleman appears at your door two days later and advises you that he wishes to make a 10 day (time period) irrevocable offer of S300 for the desk. What should you do in order to be assured that his offer is not revoked? C) Without him giving you any consideration, have him state in writing that his offer to purchase for S300 is irrevocable. False - not a "Merchant' for the "firm offer" rule C) Have him pay you consideration for not selling to any others for the time period in exchange for his agreement to pay you $300 for the desk.True?? -separate contract offeree of $300, pays C) Inform him that you are a merchant under the terms of the Uniform Commercial Code. False - not a "Merchant' C) Tell him you will reduce the price to $250. False?? D Mark for follow up Identify the process by which Government expenditures are authorized and funded Question 6 of 9.

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