Software Contracts and Licences Flashcards
1
Q
What is a contract?
A
An agreement between two or more persons (parties) that can be enforced in a court of law
2
Q
What is essential when making a contract (3)?
A
- All parties must intend to make a contract
- Competent enough to make contract (old enough, sound mind)
- Must be ‘consideration’ (each must receive and provide)
3
Q
What part of law is contract law based on?
A
Common law
4
Q
What are the two main types of software licence?
A
- Retail
- Corporate
5
Q
What does “in perpetuity” mean?
A
Forever
6
Q
What is a marketing license?
A
Provides another company with the authority to sell/distribute a specific product
7
Q
When is a marketing licence useful?
A
If a business has a good product but no resources to market it
8
Q
What is a service level agreement?
A
Defines the level of service expected from the service provider.
- How is performance monitored/managed
- What happens if performance is unsatisfactory
9
Q
What are the 4 aspects of a consultancy contract?
A
- Confidentiality
- Terms of reference
- Liability
- Control over final version of report
