AGPL is based on modification rather than public performance or use. You don't have permission to modify copyrighted things by default so if you do modify, then you either comply with the AGPL or violate copyright law.
Because a number of court cases have sided with the interpretation that "copying bits into RAM for execution" is itself governed by copyright law, in practice you wouldn't be able to use your modified software without breaking copyright. This is why software licenses are "needed" -- lacking some kind of limited license to make copies, execution of software isn't permitted.
EULAs are largely a farce but in theory you have to accept the EULA to accept the software. As far as I know GPL/AGPL comes in at a different point entirely.
Software is protected by copyright by default, meaning you can't make a copy. A license is a limited waiver of copyright that grants permission to make a copy, if the conditions of the license are met.