A Business Can Only Use or Disclose Sensitive Information About

question 15

Multiple Choice

A business can only use or disclose sensitive information about an individual for the purposes of direct marketing under the Privacy Act 1988 (Cth) if:

• A)the individual has 'opted out' and therefore doesn't mind the information being disclosed or used.
• B)the individual has consented to the use or disclosure of the information for that purpose.
• C)it does not tell the individual.
• D)the individual cannot be told the information is being used because the information is of a sensitive nature.

---

Definitions:

Price Elasticity

A measure of how the quantity demanded of a good is affected by a change in its price.

Inelastic

A characteristic of demand when consumers' purchase quantities are not significantly affected by changes in the price of a good or service.

Good Substitutes

Products or services that can be used in place of one another, satisfying the same needs or wants of the consumer.

Elastic

Describes demand or supply that is highly sensitive to changes in price; a small change in price leads to a large change in the quantity demanded or supplied.