Which one of the following types of licensing agreements does not require that the user acknowledge that they have read the agreement prior to executing it?

B. Shrink-wrap Agreement

Explanation:

First, the multiple options

A. Standard license agreement

B. Shrink‐wrap agreement

C. Click‐wrap agreement

D. Verbal agreement

Shrink-Wrap Agreements are legally binding licensing agreements that are usally packaged with products. The licensing agreement is an undertaking that allows a producer to package its product in an enclosed or sealed shrink or plastic wrap that can only be viewed or inspected by the user or consumer after purchase is made.

In other words, since the licensing agreement is enclosed in the wrapped case of the product and the consumer can only access this agreement leaflet after purchasing the product then it does not require that the reading or acceptance or acknowledment of the agreement prior to purchase.

Example of these type of products include pharmaceutical products where the agreement leaflet can only be accessed after the plastic wrapping is unsealed after purchase. This agreement would usually contain specific conditions such as limitations, rigth of ue, warranties and licenses.

forbearance of student loan payments. under forbearance, your loan payments are postponed (or reduced) but interest continues to accrue during the period of forbearance. if you don't pay the interest during that period, the interest may be “capitalized,” which means it is added to your principal balance.