Well, as we can learn from the MICROSOFT SOFTWARE LICENSE AGREEMENT, I'm afraid the behavior "to take out the modules from the installer" is not permited.
Quote from:
Office Professional Plus_2013_English.pdf
Are there things Im not allowed to do with the software?
Yes. Because the software is licensed, not sold, Microsoft reserves all rights (such as rights under intellectual property laws) not expressly granted in this agreement. In particular, this license does not give you any right to, and you may not:
... attempt to circumvent technical protection measures in the software, reverse engineer, decompile, or disassemble the software, except if the laws where you live permit this even when our agreement does not. ...