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Software Development Companies Write Commercial Software That Can Be Used

question 55

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Software development companies write commercial software that can be used by a variety of organizations.Sometimes these companies combine both software and hardware together to sell as one package.Such a package is commonly referred to as


Definitions:

Good Faith

Acting with honesty and sincerity without any intention to deceive or defraud.

UCC

The Uniform Commercial Code, a set of laws that provide legal standards and regulations for commercial transactions and dealings across the United States.

Executed Contract

An agreement that has been fully performed by all parties involved, fulfilling all obligations specified in the contract.

Clickwrap Contracts

Agreements where acceptance is signaled by the user clicking an "I accept" button on a website, commonly used in software licenses and online transactions.

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