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The Test for "Reasonableness," for the Purpose of Principle 2

question 57

Multiple Choice

The test for "reasonableness," for the purpose of Principle 2 of the Canadian Standards Association Model Code which has been incorporated into the PIPEDA and relates to collection of information necessary for an expressly identified purpose,is


Definitions:

Invested

Dispensing capital with the plan of creating income or profit.

Days

Time period measured in units of 24 hours.

Investment

asset or item acquired with the goal of generating income or appreciation.

Interest

The cost of borrowing money, typically expressed as an annual percentage of the loan amount, or the income earned on deposited funds.

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