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I think Escrow is the right answer. Question is related to "Software" license contract for a critical process. Right to audit may be the right answer for outsourced services..
A right-to-audit clause allows the organization to conduct audits of the software vendor's performance, including verifying compliance with licensing terms, security standards, and service level agreements. For software that executes critical business processes, ensuring compliance with licensing terms and the reliability of the software is paramount. Without a right-to-audit clause, the organization may lack the ability to verify the vendor's performance, potentially exposing it to risks such as non-compliance, security vulnerabilities, or service disruptions. While software escrow (option B) is also important for mitigating risks associated with vendor non-performance, the absence of a right-to-audit clause presents a more significant concern as it directly impacts the organization's ability to verify and enforce contractual obligations and ensure the integrity of critical business processes.
Answer C
In the context of reviewing contracts for licensed software, the primary concern is often ensuring that the organization has the necessary rights and mechanisms to monitor and enforce compliance with the terms of the software license agreement. This includes verifying that the organization has the right to audit the vendor's compliance with the terms of the contract, which is typically addressed through a right-to-audit clause.
C. The contract does not contain a right-to-audit clause.
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