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A company's EULA has no more legal, moral or ethical value than the rights you as a consumer enjoy. Don't let anyone try to trick you into thinking otherwise. They're companies, not nations.
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There are moral and ethical values to most things we do in life. What is right or wrong is not determined by law or what you can do without being arrested or worse.
Because the law says it is wrong does not make it unethical or immoral.
Because you can do it without being sued or arrested does not make it right.
Feeling compelled to justify it on an internet forum does not look good.
Helen