Which Type of Software Is Created and Updated by a Worldwide

question 46

Multiple Choice

Which type of software is created and updated by a worldwide community of programmers and available for free?

• A)software packages
• B)mashups
• C)outsourced
• D)open source
• E)closed source

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Definitions:

Perfected Purchase

A legal status in property law where the buyer obtains the rights to the property free from any prior claims or liens.

Money Security Interest

A legal claim or lien on collateral (such as cash or deposit accounts) provided by a debtor to secure a loan or other credit, ensuring the lender has a priority claim over the funds in the case of default.

Chattel Paper

A legal term referring to a document or electronic record that evidences both a monetary obligation and a security interest in a tangible good or a lease.

Security Interest

A legal claim or lien on collateral that has been pledged, often to obtain a loan, to secure the payment or performance of an obligation.