Licensing Policy

1. Introduction

This Licensing Policy outlines the terms and conditions for the use and distribution of letters published in the "Finance & Audit Research Archive" (FARA). FARA is a valuable resource for researchers and practitioners, and we are committed to making its content accessible while protecting the rights of authors and publishers.

2. Types of Licenses

FARA offers two types of licenses for its letters:

• Non-Commercial License: This license allows users to download, share, and print letters for non-commercial purposes, such as research, education, and personal use. Commercial use is strictly prohibited under this license.
• Commercial License: This license allows users to use letters for commercial purposes, such as incorporating them into products or services. Commercial licenses are typically granted on a case-by-case basis and may require payment of a fee.

3. License Requirements

• Attribution: All users must provide proper attribution to the author(s) and FARA when using letters under either license. The following format is recommended:

"[Quote from the letter] by [Author(s)], [Year of publication]. Published in Finance & Audit Research Archive."

• No Modification: Users may not modify the content of letters without the express permission of the author(s).

• No Commercial Use (Non-Commercial License): Under the Non-Commercial License, users may not use letters for any commercial purpose, including but not limited to:

  • Incorporating them into commercial products or services
  • Selling or distributing them for profit
  • Using them in advertising or marketing materials

• Commercial License: Users who wish to use letters for commercial purposes must obtain a Commercial License from FARA. The terms of the Commercial License will be determined on a case-by-case basis.

4. Copyright and Permissions

All letters published in FARA are protected by copyright. Authors retain copyright in their own work, and FARA has the right to reproduce and distribute the letters. Users must obtain permission from the author(s) and FARA before using letters in any way not covered by the Non-Commercial License.

5. Disclaimer of Warranties

FARA makes no warranties, express or implied, with respect to the letters published on its website. The letters are provided "as is" and without any warranty of merchantability or fitness for a particular purpose.