Why has licensing has stopped when I bought a new iMac.?

Ibought a new iMac and had all my tools transferred to the new computer. When I try to use Photoshop Elments and Bridge a message pops up  that
"Licensing for this product has stopped.working. Error code 150:30.
I contacted Adobe to fix this nd all I got was that I had to buy insurance to make it work. Not fair! I just need help in putting in a new code number so I can use it.

See here:
Error "Licensing has stopped working" | Mac OS
and also here:
Licensing for this product has stopped working Error 150:30

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