Reagan. Without a doubt Reagan.

You are legally permitted to do so, but not entitled.

What’s the difference? DRM.

If you license a digital work, you are allowed to make copies for personal use. However, if the publisher includes features to prevent replication, you are not entitled to make a copy; in other words, publishers including DRM to prevent replication of their works is not illegal because you do not have a right to copy digital works you license, but you are allowed to do so.