Which Statute Prohibits the Government from Accessing the Financial Records

question 2

Multiple Choice

Which statute prohibits the government from accessing the financial records of any customer from a financial institution unless the financial records are reasonably described and the customer allows such access or certain approvals are made by a search warrant or
Administrative subpoena?​

• A)Right to Financial Privacy Act of 1978
• B)Fair Debt Collections Practices Act
• C)The Privacy Act of 1974
• D)Gramm-Leach-Bliley Act

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Definitions:

Plaintiff

The party who initiates a lawsuit or legal action, seeking relief or damages from the defendant.

General Damages

Restitution for losses naturally expected from a breach of contract.

Compensatory Damages

Financial compensation awarded to a plaintiff to cover the actual loss or injury they suffered.

Partnership

A legal business structure where two or more individuals share ownership and management responsibilities, as well as the profits and losses.