Looking for licensing to be explained

As example: https://graphicriver.net/item/33-trendy-retro-vintage-badges-bundle-volume-1/7641584?s_rank=92

An extended license can’t be used to create logos, but this template, clearly has logos. Could you not customize these to use as a logo?

Furthermore, it’s a bundle. An extended license can only be used for one product. Could you make multiple products with this bundle as long as you only use one file/image per product? Why provide so many if you can only make one product with a license?

Could an extended license allow the files in this bundle to be produced as posters and sold for profit?

The purpose of the item seems to contradict what the licensing says you can do.

If anyone has advise or experiences to share, please do!