Question: Contoso, Inc., paid a software vendor to develop specialized software, and that vendor has gone out of business. Contoso, Inc., does not have access to

Contoso, Inc., paid a software vendor to develop specialized software, and that vendor has gone out of business. Contoso, Inc., does not have access to the code and therefore cannot keep it updated. What mechanism should the company have implemented to prevent this from happening?

Group of answer choices

Software escrow

Reciprocal agreement

Business interruption insurance

Electronic vaulting

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Databases Questions!

CHAP TER 1 The Role of Human Resources HUMAN RESOURCE MANAGEMENT DAY TO DAY You have just been hired to work in the human resource department of a small company. You heard about the job through a...

How would you characterize the relationship between Cathay Pacific's business and IT strategies? IVEy Publishing W19051 CATHAY PACIFIC: NAVIGATING DIGITAL DISRUPTION Quan Yang wrote this case under...

Hello, I am needing help on this assignment please ASAP so I can study it as I have a test on Thursday over this and many other things. let me know if there are any questions. Thank you. UNITED...

Hi Sara Hope you are doing well. I need to prepare Ratio Analysis for eBay company and Amazon. I uploaded the most recent 10-K report for the most recent years, 2014 to 2016. Please let me know if...

I HUMAN WORDS Principles of Project Management-W2024 Case 1 C: It's payday! BACKGROUND Viscom Consulting, a small consulting firm in Toronto, was created 2 years ago due to the the partnership of a...

Principles of Project Management-W2024 Case 1 C: It's payday! BACKGROUND Viscom Consulting, a small consulting firm in Toronto, was created 2 years ago due to the the partnership of a group of three...

Please help me answer this question Background Veronese 81 Tiffany Inc. is a medium-sized business located in Elmira, Ontario. It sells designerjewelry to specialty stores through Canada as well as...

1. What are the most interesting points presented in the case and why? 2. What are some of the challenges presented and how can they be mitigated? A Make-or-Buy Decision at Baxter Manufacturing...

Q-1: what are the possible strategies that can be used to change the work-ability of concrete without changing the water content.? Q-2:Discuss the practical consequences of bleeding in concrete?...

Which of the following electron configurations correspond to an excited state? Identify the atoms, and write the ground- state electron configuration where appropriate. a. 1s22s23p1 c. 1s22s22p43s1...

Which of the following statements regarding corporate bonds is most correct? Question 2 5 options: 1 ) Debentures are riskier than subordinated debentures because they are paid last in the event of...

The balance sheet for Stud Clothiers is shown next. Sales for the year were $3,420,000, with 75 percent of sales sold on credit. STUD CLOTHIERS Balance Sheet 20X1 Assets Liabilities and Equity Cash $...