A UScompany Will Be Permitted to Receive Personal Data from a a Company

question 4

Multiple Choice

A U.S.company will be permitted to receive personal data from a company in France or Great Britain:

• A) as long as the U. S. company provides adequate security for the data.
• B) only if the U. S. company assures the European company that no spyware can be entered onto its computer systems.
• C) if the U. S. company complies with the safe harbor principles agreed to by the EU and the U. S. Department of Commerce.
• D) only if the U. S. company first obtains signed consent forms allowing the release of such information.
• E) as long as the European company is willing to disclose the information.

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Definitions:

Inelastic

A characteristic of goods whose demand does not change significantly when the price of the good changes.

Prices

The amount of money required to purchase goods or services, often determined by factors such as supply and demand.

Maximizing Utility

The process by which individuals allocate their resources to obtain the highest possible satisfaction from their consumption.

Marginal Utility

The change in satisfaction or usefulness obtained by consuming one additional unit of a good or service.