The licence is something you must follow to use the software, so if you don't feel the licence is valid because you didn't sign anything, it simply means that you're not allowed to use the software.
This sort of thing relies on copyright law: basically you're not allowed to copy the program from the CD to HD or RAM without the copyright holders' permission. I've often wondered how this copyright argument applies to RISC OS, given that it's in ROM and doesn't need to be copied into RAM. Perhaps Castle can't stop you using it if you break their agreement?
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RISC OS 5 pictured running on ARM Cortex-A8 kit Picture exclusive - This grainy photograph shows a port of RISC OS 5, sourced from the RISC OS Open project, running on a Beagleboard - a device powered by a 600MHz ARM Cortex-A8 processor with a built-in graphics chip. The port, developed by Jeffrey Lee with help from Uwe Kall and ROOL staff, is seen as a major breakthrough for the shared-source project as it proves the OS can be ported to new hardware without the need for a large team of engineers. 75 comments, latest by rjek on 30/4/09 3:15PM. Published: 25 Apr 2009