Question: A consultant developed software that was very customized for one client's business. The consultant was counting on ongoing revenue from the client for supporting the
A consultant developed software that was very customized for one client's business. The consultant was counting on ongoing revenue from the client for supporting the client's use of the software after development was complete. The support contract is up for renewal. The client wants to pay very little for ongoing support. So the revenue stream will be much less than anticipated. The consultant cannot license the software to any other firm because it is very customized for this one client. How would you characterize this software?
Group of answer choices
A specific asset
A high transaction cost
A VISOR resource
An incomplete contract
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