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Explanation: The statement is true. Terms in a shrink-wrap agreement have been enforced in the same way as the terms of other contracts. A shrink-wrap agreement is a contract that is included inside or with a product and is only visible after removing the plastic shrink-wrap or opening the product's packaging.
Yes, clickwrap agreements (provided they are designed, presented, and tracked in compliance with best practices) are just as enforceable as both traditional wet ink signatures and electronic signatures in the US.
The user agrees to the license when they tear open the plastic wrap or the software. Most courts have found these agreements to be enforceable unless their terms are unconscionable or violate a generally accepted principle of contract law.
The difference between an End User License Agreement (EULA) and a Software License Agreement (SLA) depends on intended usage. The EULA generally governs the continuous use of the software by a group of individuals. Meanwhile, an SLA targets a specific entity for a finite period.
"Shrinkwrap licenses are enforceable unless their terms are objectionable on grounds applicable to contracts in general (for example, if they violate a rule of positive law, or if they are un- conscionable).
A Clickwrap agreement requires users to click ?accept,? but does not force the user to scroll through the terms. These are also generally enforceable. A Sign-in Wrap agreement is a hybrid of Browsewrap and Clickwrap. It notifies users that the service or product they are purchasing is subject to hyperlinked terms.