Question

A software company is meeting with a car manufacturer to finalize discussions. In the signed document, the software company will provide the latest versions of its mapping application suite for the car manufacturer's next generation of cars. In return, the car manufacturer will provide three specific vehicle analytics to the software company to enhance the software company's mapping application suite. The software company can offer its enhanced mapping application to other car manufacturer but must pay the car manufacturer a royalty. Which of the following BEST describes the document used in this scenario? a. MSA b. SLA c. MOU d. AUP

Answer 1

In this scenario, the document being referred to is an MOU (Memorandum of Understanding). This document carries the agreement between the two parties, outlining the nature of their mutual benefits.

Step-by-step explanation:

The document being referred to in the scenario is an Memorandum of Understanding (MOU). An MOU is a formal agreement between two or more parties. In this context, the software company and the car manufacturer are entering into an MOU in which they mutually agree to share specific resources and services, i.e., the mapping application suite and vehicle analytics, respectively. Furthermore, the condition that the software company must pay a royalty to the car manufacturer if it offers the enhanced application to other car manufacturers also forms part of this MOU.

Learn more about Memorandum of Understanding (MOU)