What Is the FTC Recommendation Regarding Choice as It Relates

question 8

Multiple Choice

What is the FTC recommendation regarding choice as it relates to personally identifiable information (PII) ?

• A) Require firms to have consumers affirmatively opt-in before PII is collected.
• B) Require firms to allow consumers to opt-out before PII is collected.
• C) Make collection of PII illegal.
• D) Require robust notice only before PII is collected.

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Definitions:

Financing Activities

Transactions and events where a business raises funds to support its operations and expansions, often through borrowing or equity issuance.

Operating Activities

Activities that constitute the primary or main activities of a business, including sales, services, and day-to-day operations.

Merchandise Inventory

The total value of a retailer's or wholesaler's goods on hand at the end of an accounting period, available for sale to customers.

Accounts Payable

Money owed by a company to its suppliers or creditors for goods and services received but not yet paid for.