Copyrighted Software That Is Distributed Free of Charge but Requires

question 177

True/False

Copyrighted software that is distributed free of charge but requires users to make a monetary contribution to continue using it is called shareware.

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Definitions:

Accountant Liability

Refers to the legal obligation of accountants to perform their duties in accordance with laws and professional standards, under which failure can result in legal or professional penalties.

Privity Rule

A legal principle stating that contracts cannot confer rights or impose obligations upon any person who is not a party to the contract.

Gross Negligent Fraud

Extreme carelessness or reckless disregard for the truth or for the rights of others, often involving fraudulent intentions or outcomes.

Fraudulent Intent

The deliberate intention to deceive or cheat, often for personal gain or to cause loss to another.