Final answer:
IPv4 link-local addresses are used for local network communication, are auto-assigned by the OS, and fall within the 169.254.0.0 to 169.254.255.255 range. They cannot be used for inter-network segments communication and are not globally unique.
Step-by-step explanation:
IPv4 link-local addresses relate to several specific characteristics. First, they are used for communication within a single network segment. This means they enable devices to communicate with each other without relying on a pre-configured or dynamic IP address from a DHCP server, as long as they are on the same local network.
Secondly, they are assigned automatically by the operating system when a device cannot acquire an IP address from a DHCP server. Third, link-local addresses fall within the range of 169.254.0.0 to 169.254.255.255. Lastly, these addresses cannot be used for communication between different network segments, and they are not globally unique.