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The UCITA governs which of the following types of contracts: O Investment Securities Hardware instillation O Pure software O All of the above

The UCITA governs which of the following types of contracts: O Investment Securities Hardware instillation O Pure software O All of the above

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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The UCITA governs which of the following types of contracts: O Investment Securities Hardware instillation O Pure software O All of the above
Transcribed Image Text:The UCITA governs which of the following types of contracts: O Investment Securities Hardware instillation O Pure software O All of the above
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Step 1

ANS- pure software 

UCITA -uniform computer information transaction act - It is a new body of law dealing with how software transactions, online contracts and licensing contracts are governed. It would be beneficial to understand the background and meaning of UCITA before entering into any contract for the purchase of software or information technology.

its article 2 state that - "Software contracts typically differ from contracts involving ordinary goods in two important ways: (1) software contracts transfer intangible goods, and (2) software contracts often entail a license of right to use rather than a sale."

and therefore ans of the question is - "pure software"

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