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An End-User License Agreement (EULA) is a type of take-it or leave-it contract (also referred to as a form contract, shrinkwrap contract, shrink-wrapped agreement or an agreement with off-the-shelf terms) commonly used with software and consumer electronics.
Verizon grants you the right to install and use the App on a single wireless device owned and controlled by you. You are responsible for maintaining the security of your device and confidentiality of your password and/or Personal Identification Number (PIN) code.
If the app or software has to be purchased by the user, they are typically required to agree to the EULA before paying, which means that there is no harm done if the user doesn't agree to the licensing agreement. Some companies include licensing agreements to maintain control of their image.
An app license agreement, also called a software license agreement, is a legal contract that software developers should pursue to limit the exploitation of their work and protect their rights to receive fair compensation for the product they create.
Although EULAs vary, every EULA should include clauses explaining:The enactment date.The binding nature of the agreement.Your contact details and full business name designation.The governing laws.Permitted and restricted uses.Termination conditions.Warranties and limitation of liability.Related agreements.More items...?