Can I install my copy of Office 2003 from my desktop on my laptop?

[CougsRockHuskiesSuck]

I have the disks and I will only be using one machine at a time. As I
understand it, I can use my single version of Office 2003 on both machines.
How do I do this?

 

[Bob I]

1. Read the EULA.
2. If permitted, install it on the laptop.