Kang Is a Real Estate Broker and Needs to Buy

question 296

Multiple Choice

Kang is a real estate broker and needs to buy software for five people in his office.What type of license agreement should he look for?

• A) End user license agreement
• B) Site license
• C) Multiple-user license agreement
• D) Public domain

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Definitions:

Product Warranty

A guarantee provided by the seller that a product will meet certain performance standards or can be repaired or replaced within a specified period.

Quick Ratio

A financial metric that measures a company's ability to cover its current liabilities with its most liquid assets, excluding inventory.

Vacation Pay Payable

A liability account that records the amount of vacation pay owed to employees but not yet paid.

Current Liability

Financial obligations a company is required to pay within a year.