Delia Is Installing New Software on Her Computer

question 30

Multiple Choice

Delia is installing new software on her computer. Delia knows that which of the following is true about software license agreements?

• A) Shrink-wrap licenses go into effect when you open the packaging.
• B) Software licenses are only legally binding if they are signed.
• C) If the software is public domain, she can apply for a copyright to protect it.
• D) If the copyright symbol © is not used, the software is not protected.

---

Definitions:

Rules-based

Refers to systems or processes that are governed by a strict set of predefined rules or laws.

Cash Defined

The total amount of money, in the form of bills or coins, available for use; often considered the most liquid form of assets.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) for global use.

Demand Deposits

Refers to funds held in bank accounts from which money can be withdrawn at any time without any advance notice to the institution.