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Can I transfer program licenses for Windows programs legally from a VM on a MacBook Pro?

Let's say I have a lot of different program licenses for Windows programs, and I run these Windows programs in a virtual machine in MacBook Pro. Then I decide I want to move these program licenses to another physical computer. Would it then be possible to just transfer this virtual machine to the new physical computer and keep all program licenses and software installations intact, and begin using them on the new physical computer?
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