Resale of Software

From: Marvin L. Egolf <megolf[_at_]home.com>
Date: Tue, 18 Dec 2001 09:56:08 -0500


I am working with a colleague who is a CPA, assisting him with the receivership of a company in Baltimore. Part of the tasks is selling the assets to satisfy a debt owed a secured lender. My question to the list: What are the intricacies of selling software that the company possesses? Can we do it? Is it a no no? I suppose that when we sell a PC, if it has NT loaded on it, we can and should sell the related CD if it is a single user license. On the other hand, if it is a multi-user license, unless we sell the entire PC collection to one buyer, we should delete the software prior to sale. Please offer your thoughts regarding such issues. Of course I will read the documentation that accompanies the actual source media for the software, but I would like to get a broad commentary.

In any event, I hope everyone is enjoying all that this time of the year brings.

--
Marvin L. Egolf
Cellular 410-808-8240
Text to cell 4108088240[_at_]messaging.nextel.com
-------------------------------------
LGM Enterprises, Inc.
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Received on Tue Dec 18 2001 - 14:59:39 GMT

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