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Master Resale Rights - You may purchase the software, sell it and allow the new owner to offer his/her customers to pass along the master resale rights.
Resale Rights - You may purchase the software and resell it without giving resale rights to the purchaser.
Non Resale Rights - You may purchase the software for your own personal use, but you may not resell the software.
Private Label Rights - You may purchase the software and modify the author, design, code, etc.