BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The license is a contract between the user or user organization and the developer. It defines the terms of the license. A user must agree to the terms of the license when acquiring the software. Software also comes with a license key or product key.

Detailed explanation-2: -Individual (Single-user): This license type allows the program to be installed and used on one CPU which is not accessed by other users over a network. The software will only be used on a single computer, and other users will not be able to access or run the software while connected to your computer.

Detailed explanation-3: -A software license agreement is the legal contract between the licensor and/or author and the purchaser of a piece of software which establishes the purchaser’s rights. A software license agreement details how and when the software can be used, and provides any restrictions that are imposed on the software.

Detailed explanation-4: -Permissive This type of license is one of the most common and popular among open-source software licenses. Under a permissive license – also referred to as “Apache” or “BSD style” – there are few restrictions or requirements for the distribution or modifications of the software.

Detailed explanation-5: -What is an end user license agreement (EULA)? An end user license agreement (EULA) is a legally binding document, defining the user’s rights and restrictions in using a specific software product.