Is it true that a license entitles you to any earlier copy?

Here's my situation... I have a Vista 64-bit and Mac OS multiboot installation on my iMac intel... because a lot of incompatibilities of vista with software I need to run, I want to install an older version of XP 32-bit, also... Via parallels...

Do I have to buy a full XP license key... ? Because it has been around for so long, it is difficult to avoid the pitfalls by crooks
I read on PC mag apparently a valid license from a later version allows one to abny earlier version of windows on the same computer, gratis... How would this work in practice... ?
Would a copy on the same computer, but via parallels, be regarded as another computer?
He * needs * be XP, anything more recent will not work in my case, is a such ting as a fully updated XP (i.e.up to SP3) copy still available for purchase or download from Ms...
I'm on a disability... and purchase of paralllels and another complete copy of windows would mean I spent both on windows I paid for the imac.

A couple of points...

' 1) ' downgrade rights "as they are called apply only to computers that are preinstalled with the Pro of the OS versions from the manufacturer

(2) all facilities are considered to be a new facility, unless it directly replaces a previous installation on the same machine - VM included. In theory, to have two virtual machines running on the same machine, need you two licenses. To have a WIndows VM running under Windows would require two licenses for Windows., and a version of Windows on Paralles requires its own license.

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