Notes: Copy/Mod/Trans

http://www.sluniverse.com/php/vb/content-creation/11628-script-permissions-does-no-copy.html

"No Copy/Modify/Transfer - When you pass the script to someone else, they cannot see the script code when they open it, so it is effectively No Modify as well." - Briana Dawson

"The difference is that if your scripts are set to No Mod then you cannot edit the object, go to the Tools menu and then stop the scripts from running in the object. If the script is Modify you can use the Tools menu to stop the scripts from running in the object." - Briana Dawson

"mod/no copy scripts cannot be opened/viewed. they are only mod in the sense that they can be recompiled, started, stopped, etc." - prinţesă nină


http://secondview.wordpress.com/2008/02/08/permission-to-sell/
This covers the meanings of the three aspects pretty well but not what happpens when and object has mixed settings.