When you try to install Microsoft Dynamics GP 10.0, you receive one of the following error messages:

Error message 1

.NET Framework 2.0 is not installed. The installation cannot continue. 

Error message 2

Product: Dexterity Shared Components -- .NET Framework 2.0 is not installed. The installation cannot continue. 

Then, the installation is ended. 
This problem occurs if the Microsoft .NET Framework 2.0 Service Pack 1 is installed on the computer. 


To get the full resolution check this KB article on Partner source
https://mbs.microsoft.com/knowledgebase/KBDisplay.aspx?scid=kb;en-us;947538