The Courts That Have Considered Click-Wrap Licenses Have Generally Found

question 20

Multiple Choice

The courts that have considered click-wrap licenses have generally found that the licenses are

• A) enforceable.
• B) enforceable only for software costing $100 or less.
• C) enforceable only for software costing $100 or less and that is designed for business,not consumer use.
• D) unenforceable.

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Definitions:

Interest Payment

The payment made by a borrower to a lender for the privilege of borrowing money, usually expressed as a percentage of the principal amount.

Present Value

The current estimated value of future money amounts or cash flow sequences, based on a specified return rate.

Annual Interest Rate

The percentage of the principal that a borrower must pay as interest over the course of one year, affecting the total cost of loans or the yield from investments.

Annuity

A monetary instrument offering regular, fixed payments to someone, commonly employed to generate a revenue flow for retired individuals.