There is a difference between "latter" and "last" people! One chooses the latter of two options and the last of more than two options:
Fred was given the choice of chocolate or vanilla ice cream and he prefered the latter. When choosing between chocolate, vanilla, and strawberry, he always picked the last.
Unfortunately, some people get it wrong:
Note that Acrobat Standard and Acrobat Professional are not the same as Acrobat Reader, the latter[sic] being a free product with limited functions.
I feel much better now.