Cybertime Software Sold a Software Package to a Client

question 8

Essay

Cybertime Software sold a software package to a client.The terms of the contract provided that the client was purchasing use of the software for 6 months.Cybertime delivered the software copy on compact disks,encoded to become usable on May 1,2002,with payment due from the client by June 1,2002.Unbeknownst to the client,the software was set to disable on June 15,2002 unless Cybertime supplied the client with special software to reactivate the program,which would be done upon full payment.Discuss the legality of this situation.

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Definitions:

Intermediate Goods

Products used in the production process to make other goods, not including raw materials.

Final Goods

Products that have completed the manufacturing process and are ready for use by consumers or to be sold as finished goods.

GDP

The total value of all ultimate goods and services generated within a country during a designated period is known as the Gross Domestic Product.

GDP Deflator

An economic metric that converts output measured at current prices into constant-price output, making it possible to compare the real value of aggregate production across different periods.