give me a dollar i will give you quick answer
The correct answer is: **I. and III.**
Step-by-step explanation:
- Statement I indicates that the customer has the contractual right to take possession of the software at any time during the hosting period without significant penalty. This suggests that the arrangement includes a software license that the customer can potentially exercise.
- Statement II, which mentions an indefinite life and contract renewability, does not directly relate to the indication of a software license.
- Statement III indicates that the customer has the feasibility to run the software on their own hardware or contract with an unrelated party to host the software. This implies that the software is separable from the cloud hosting service and points towards the presence of a software license.
Therefore, the correct options are **I. and III.**