Greentree Financing Ltd

question 23

Multiple Choice

Greentree Financing Ltd. enters into an agreement to lend $20,000 to Mark for the purchase of a boat. On the loan application Mark provided the following information: address, telephone, social insurance number, employer, annual earnings and banking information. Mark agreed to the collection of the information for the purpose of assessing his suitability for the loan. What steps must Greentree take to protect Mark's information?

• A) Greentree must designate an individual accountable for compliance with the Act.
• B) Greentree must make information about its policies and practices regarding personal information available to Mark.
• C) Mark may have access to his information, upon request.
• D) Greentree must have appropriate safeguards to protect the information.
• E) All of the steps are required.

Understand the concept of a hostile work environment and its legal implications.

Explore the evolving roles of men and women in society and the workplace.

Understand the concept of sexual harassment and strategies for addressing it in the workplace.

Analyze the impact of increased female leadership in the business world.

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Definitions:

Credit

A financial term describing the ability of a borrower to receive goods or services before payment, based on the trust that payment will be made in the future.

Drafts

Preliminary versions of documents or plans that are subject to revision or editing.

Checks

Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or a designated person.

Commercial Transactions

Business activities that involve the exchange of goods, services, or funds between enterprises or individuals.