Q: Are licenses valid for a particular length of time? ¶
A: Yes.
Q: Is license associated with a unique code? ¶
A: Yes, that when approved grants the end user access to the software in question.
Q: Is license only applicable for a particular geographic region? ¶
A: Yes, and just for a certain period of time or merely for a stage in the value chain.
Q: Is license "a promise by the licensor not to sue the licensee"? ¶
A: Yes, That means without a license any use or exploitation of intellectual property by a third party would amount to copying or infringement.
Q: Is license typically included in a more extensive end-user license agreement entered into upon the installation of that software on a computer? ¶
A: Yes.