"Buy It and Customize It" Is the Most Common Method

question 61

True/False

"Buy it and customize it" is the most common method for acquiring software applications.

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Definitions:

Consideration

A fundamental concept in contract law that refers to something of value (such as money, a promise, or an act) exchanged between parties as part of a contract.

Bargained-For Exchange

A mutual agreement between parties in which each promises to give something in exchange for a benefit.

Consideration

In contract law, consideration refers to something of value, which can be an object, service, money, or promise, exchanged between parties as the basis for a contract.

Bilateral Contract

An agreement between two parties in which each party commits to performing a specific obligation.