Briefly explain the working of an e-license
What will be an ideal response?
An electronic license, or e-license, is a contract whereby the owner of a software or a digital application grants limited rights to the owner of a computer or digital device to use the software or a digital application for a limited period and under specified conditions. The owner of the program or application is the electronic licensor, or e-licensor, and the owner of the computer or digital device to whom the license is granted is the electronic licensee, or e-licensee. An e-license grants the contractual rights expressly described in the license and the right to use information rights within the licensor's control that are necessary to exercise the expressly described rights.
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Which of the following regarding direct costs is a correct statement?
A. Direct costs are easily traced to cost objects. B. Direct costs are never selling and administrative expenses. C. Direct costs are always fixed costs. D. Direct costs are always variable costs.
Answer the following statements true (T) or false (F)
1. A marginal volunteer is one who is mandated to volunteer. 2. It is important for volunteer managers to first form the structure of a volunteer program.
Which of Crosby’s Absolutes of Quality refers to the idea of adopting a do-it-right attitude the first time?
a. The definition of quality is conformance to requirements b. The performance standard is zero defects c. The system of quality is prevention d. The measure of quality is the price of nonconformance
Assume a stock price of S(0 ) = $80.00, r = 0.05, ? = 0.35, and dividend = 0.01. What is the price of a claim that pays S-2/3? Use formula 20.29
A) $0.25 B) $0.35 C) $0.05 D) $0.15