Examlex

Solved

A Department Purchased One Copy of a Software Program for Internal

question 66

Multiple Choice

A department purchased one copy of a software program for internal use. The manager of the department installed the program on an office computer and then made two complete copies of the original software. Copy 1 was solely for backup purposes. Copy 2 was for use by another member of the department. In terms of software licenses and copyright law, which of the following is correct?


Definitions:

Shift Left

The practice in software development and IT operations of moving tasks or steps to earlier stages in the process or lifecycle to identify and solve issues sooner.

Profit-Maximizing

A strategy or process aimed at increasing a firm's profits to the highest possible level given its production and market constraints.

Monopolistically Competitive

A market structure characterized by many firms offering products that are similar but not identical, allowing for some degree of market power.

Monopolistic Firm

A company that possesses unique characteristics in its products or services, giving it significant control over its market prices.

Related Questions