There's always the problem with a little one that has to accept the big one's terms. Actually in Germany and probably elsewhere there is clear jurisdiction what is allowed in a terms and conditions type contract. It actually applies to any contract that is not created from scratch on an eye to eye basis. Other laws like the GDPR also restrict what can be part of a contract. So while nobody is reading all this stuff at least we have some assurance that it's not totally unfair. Otherwise is typically safe to assume that companies try to shape everything to their own benefit. So it boils down to trusting a company in general.
Not being a lawyer and having no clue abou US jurisdiction: I am really curious if this EULA thing works though. Normally under copyright law wrongdoing would normally just mean that your licence is terminated. Illegal use typically just requires paying damages twice the licence cost afaik. I would actually find it kind of scary if I could be pulled into any kind of jurisdiction about something not directly related to the contract just because I accepted a software licence agreement.
Not being a lawyer and having no clue abou US jurisdiction: I am really curious if this EULA thing works though. Normally under copyright law wrongdoing would normally just mean that your licence is terminated. Illegal use typically just requires paying damages twice the licence cost afaik. I would actually find it kind of scary if I could be pulled into any kind of jurisdiction about something not directly related to the contract just because I accepted a software licence agreement.