Unauthorized Copying of Software (Software Piracy) Is Illegal Because Software

question 113

Short Answer

Unauthorized copying of software (software piracy) is illegal because software is considered ________________ that is protected by copyright law and user licensing agreements.

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Definitions:

Partnership Interests

Ownership shares in a partnership that represent a partner's stake in the entity and its operations.

At-risk Amount

The maximum amount of money an investor could lose in an investment, often used in the context of limiting losses in tax sheltered investments.

Passive Activity

Economic activities in which the taxpayer does not materially participate, often associated with rental properties or certain business investments.

Ordinary Loss

A loss incurred in the normal operation of a business, which can be used to reduce other taxable income on an owner's tax return.