GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A licence is a legal acknowledgement that a person or business is granted ____ to ____
A
finances, operate
B
permission, operate
C
finances, legalise
D
permission, begin
Explanation: 

Detailed explanation-1: -Software licenses typically provide end users with the right to one or more copies of the software without violating copyrights. The license also defines the responsibilities of the parties entering into the license agreement and may impose restrictions on how the software can be used.

Detailed explanation-2: -: a permission granted by competent authority to engage in a business or occupation or in an activity otherwise unlawful. a hunting license. : a document, plate, or tag evidencing a license granted.

Detailed explanation-3: -Definition of Licence. A licence is a personal right granted to a person to do something upon immovable property of the grantor and does not amount to the creation of interest in the property itself.

Detailed explanation-4: -Licensing: A business arrangement in which one company gives another company permission to manufacture its product for a specified payment. License: The legal terms under which a person is allowed to use a product.

There is 1 question to complete.