Which practice involves depositing the software's source code with a third-party escrow agent?

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Multiple Choice

Which practice involves depositing the software's source code with a third-party escrow agent?

Explanation:
Depositing the software’s source code with a trusted third-party escrow agent is a source code escrow arrangement. The idea is to place the code in escrow under an agreement that defines when it can be released—typically if the vendor can no longer support or maintain the software, goes bankrupt, or fails to meet contractual obligations. Once released, the licensee can continue to maintain, modify, or migrate the software, ensuring business continuity. This specifically protects access to the code and continuity, rather than addressing general financial risk, strategic risk, or vendor lock-in.

Depositing the software’s source code with a trusted third-party escrow agent is a source code escrow arrangement. The idea is to place the code in escrow under an agreement that defines when it can be released—typically if the vendor can no longer support or maintain the software, goes bankrupt, or fails to meet contractual obligations. Once released, the licensee can continue to maintain, modify, or migrate the software, ensuring business continuity. This specifically protects access to the code and continuity, rather than addressing general financial risk, strategic risk, or vendor lock-in.

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