Yes, kidcrumb.
Yes, fearpoint. If your computer doesn't use the firmware to store the Windows key, just enter your Windows 7 or 8.x key when prompted.
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Even if you haven't upgraded your Windows 7 or 8.x computer yet and use this ISO, it will still upgrade without issue even though Microsoft said the upgrade stopped July 29, 2016.
At any time, if you don't want to enter a key when prompted, at the bottom select "I don't have a product key." You'll have a few days before you will be asked to activate before it disables Windows features, etc.
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Clean Install: Better to boot from the disc/USB - not Reset This PC.
Upgrade: Run disc/USB within Windows; is more reliable when running it from portable media vs Windows Update.