Which of the following statements is (are) correct for application software? I. | Application software can be purchased or developed internally. If application software is purchased, the purchase is of the software itself, and the purchaser can do whatever it wishes with the software. | II. | When application software is purchased, the purchaser invariably receives a copy of the source code and, for large applications, the source code is escrowed. Escrow of the source code protects the software vendor if the purchaser fails to live up to its contractual obligations. | III. | When application software is purchased, maintenance for that software may or may not be purchased. Maintenance is normally updates and support. |
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a. | I, II, and III are correct. | |
b. | III only is correct. | |
c. | I and II only are correct. | |
d. | II and III only are correct. |
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