Aaron Bought a Photo-Editing Software Package for Personal Use

question 20

Multiple Choice

Aaron bought a photo-editing software package for personal use.He makes two copies of the software,in case the original software fails and he needs a backup.In this scenario,Aaron's actions are considered _____.

• A)illegal and unethical
• B)legal but unethical
• C)illegal but ethical
• D)legal and ethical

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Definitions:

Subsidy

Financial support extended by the government to an economic sector (or institution, business, or individual) with the aim of promoting economic and social policy.

Highly Elastic

Refers to a strong responsiveness of the quantity demanded or supplied of a good to a change in its price.

Statutorily Granted

Pertains to rights or powers given or enforced by a legislative body or statute.

Government Subsidy

Financial assistance provided by the government to individuals, organizations, or industries to support their operation or reduce the price of their products.