Often in software negotiations, the software is placed in ________ in the event the software company declares bankruptcy.
A) storage
B) escrow
C) production
D) development

Question

Quizplus · Accepted Answer

When software is placed in escrow, it means that a neutral third party holds the source code and materials necessary to maintain and update the software, in case the software company goes bankrupt or is otherwise unable to fulfill its obligations. The software can then be released to the customer or a designated beneficiary, allowing them to continue using and maintaining the software.

Often in Software Negotiations, the Software Is Placed in ________