contracts

Question 1

Who takes the risk in fixed price?

Answer 1

supplier

Question 2

Who takes risk in time and materials?

Answer 2

client and supplier

Question 3

what are the three costing models?

Answer 3

fixed price
time and materials
usage

Question 4

what does statement of work include?

Answer 4

what is to be done = NFRs and FRs

Question 5

What does consultancy contract?

Answer 5

supplying staff to a client to work on a project

Question 6

what does outsourcing do?

Answer 6

getting IT stuff to be handled by outside company

Question 7

what is packaged software

Answer 7

a license to use a software

Question 8

what does EULA stand for?

Answer 8

end user license agreement

Question 9

Name software bug impacts?

Answer 9

life
security
economic

Question 10

what did consumer rights act give in terms of software defects?

Answer 10

new legal rights for repair

Question 11

Who won in St Alban’s City vs ICL and what was outcome?

Answer 11

St Albans won. (poll tax case)

ICL paid 1.3M

Question 12

Name two other examples of faulty software

Answer 12

Therac (nuclear radiation fuck up)
General motors (call stalling)

Question 13

What is a business plan?

Answer 13

formal description of what team intends to do and how.

Question 14

Define limited company

Answer 14

shareholder risk is limited to INVESTED CAPITAL

Question 15

Ltd company is

Answer 15

shares not available to trade

must file to companies house

Question 16

plc company is

Answer 16

trades on stock exchange

Question 17

IPO is?

Answer 17

allows private company to sell shares

Question 18

how many phases to IPO?

Answer 18

6

Question 19

What can be reserved for a profession?

Answer 19

Title (architect)

Function (accontants)

Question 20

where is bulk of money spent for IS?

Answer 20

keeping things running

Question 21

what is a contract?

Answer 21

voluntary agreement between two parties

Question 22

where is fixed price common?

Answer 22

bespoke software development

Question 23

where is time and materials typical?

Answer 23

consultancy projects

Question 24

where is usage common?

Answer 24

SaaS/ PaaS projects

Question 25

What 7 things does a software contract contain?

Answer 25

``` preamble statement of work deliverables governance terms acceptance change control ```

Question 26

What is included in packaged software contract?

Answer 26

A license to software.

Question 27

What is not included in packaged software contract?

Answer 27

The ownership of the software.

Question 28

What do packages usually limit for software?

Answer 28

Users Where the item is deployed How the site is used

Question 29

What is defective software?

Answer 29

Software that cannot be used

Question 30

What are some possible defects?

Answer 30

functionality: doesn't do what it's supposed to fucking do crap performance shit compatibility god awful maintenance.

Question 31

What are some of the impacts of defective software?

Answer 31

Health: Therac 25 Security: Microsoft 2000 / Windows XP in hospitals. TSB banking. Economic implications: Millennium bug.

Question 32

What are some of the issues related to software liability?

Answer 32

WHO should be liable? Should software companies be liable for INFORMATION generated by their software? Does increased liability make innovation hard? Would liability risks push people away from the software development field? Do software professionals need to lawyer up?

Question 33

How is software categorised by EU/UK law?

Answer 33

A product rather than a service.

Question 34

Which law gives consumers rights to get repair if a software is faulty?

Answer 34

Consumer Rights Act

Question 35

What are the salient points for Therac-25?

Answer 35

Software controlled radiation control treatment. Repeated doses of radiation 100 times intended dose Deaths of several patients.

Question 36

What is the case of cars stopping?

Answer 36

General Motors vs Johnston

Question 37

What happened in the General Motors vs Johnston case?

Answer 37

GM car Car stalled in highway Effort to restart car failed Failed electronic control module

Question 38

What was the outcome for GM case?

Answer 38

GM was liable. | Had to pay $7.5 million dollars

Question 39

What is microsoft's latest device called for army use?

Answer 39

Hololens. $450 million contract. Developing AR headset that can be used in business contexts. Now being developed for the US military. Software augmenting warfare. Danger?