Examlex
What is the difference between open systems, open-source software, and proprietary software? Provide an example of open-source software and proprietary software. Suppose you are the CIO of a large, multinational company; why or why not would you consider using open-source software? Now suppose you are the owner of a small, 5-person, local company; why or why not would you consider using open-source software?
Negotiated
Pertains to the process of discussing and reaching an agreement on the terms of a contract, settlement, or understanding between parties.
Nonnegotiable
Nonnegotiable refers to something that cannot be negotiated or altered, such as a fixed term in a contract or a financial instrument with terms that cannot be changed.
Without Recourse
This refers to a provision in an agreement that exempts the seller from liability or obligation to the buyer in case of some failure on the part of the products or services sold.
Negotiability
Refers to the feature of a financial instrument which allows it to be transferred from one party to another in a legal manner, typically without endorsement or delivery.
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