____________________, the Unauthorized Copying of a Computer Program, Is Illegal

question 21

Short Answer

____________________, the unauthorized copying of a computer program, is illegal in the United States and many other-but not all-countries.

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Definitions:

Proceeds

The amount of money received from a sale or transaction, often after deducting costs or expenses.

Collateral

Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower fails to make the required payments.

Debtor

A person or organization that has a debt or financial liability to another entity.

Perfection

A legal process that gives a secured creditor priority over claims from other creditors regarding a debtor's asset.