Question

Adam owns a software development company. he and his team developed and licensed new software that could help many organizations strengthen their web security. any organization that wishes to use adam's licensed software would most likely have to pay him in the form of a(n) _____.

Answer 1

Answer:

Royalty payment

Explanation:

Adam and his team owns the software and has also acquired a license for it which makes it their sole property, in order for any organization to use the software for business to strengthen their security they would have to pay in the form of Royalty payment because Adam and his team will hope to grant access to other companies to the same software. so giving it to each of the companies would mean granting access to them and the only way they can do it is to collect payments in form of Royalty and not outright sale.

A royalty payment is a payment made by an organization to another for the usage of an asset owned by that company receiving the payment ( Adam's software development company ).

Answer 2

The correct answer is royalty. Royalty is considered to be a payment by which is made by one by which the franchisee or the licensee owns the asset in particular and that it is for the right of having to do an outgoing use of the asset.