The Privacy Act Forbids Federal Agencies from Allowing Information to Be

question 20

True/False

The Privacy Act forbids federal agencies from allowing information to be used for a reason other than that for which it was collected.

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Definitions:

Commercially Viable

Describes a product, service, or business that can generate enough revenue to cover its costs and yield a profit.

Federal Law

Legislation passed by the national government of the United States that applies throughout the country.

Creative Destruction

The hypothesis that the creation of new products and production methods destroys the market power of existing monopolies.

Dominant Firms

Companies that have a major share of sales in a specific market, significantly influencing that market's dynamics.