What is the difference between a 'local' and a 'network' license script, and when would I use each?

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Grade: Education Subject: Support
What is the difference between a 'local' and a 'network' license script, and when would I use each?
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A 'local' script activates AutoCAD using a local license file. A 'network' script activates AutoCAD using a license server. Use a local script for single-user installations or when a license server is not available. Use a network script for multi-user environments where licenses are centrally managed.