One Way to Address Privacy Concerns on the Internet Is

question 26

Multiple Choice

One way to address privacy concerns on the Internet is to

• A) keep all information collected confidential.
• B) publicly display any information collected by the company.
• C) post a privacy policy on the company's web site.
• D) avoid collecting any private information.
• E) share collected information only with respectable firms.

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Definitions:

Security Interest

A legal claim or encumbrance on property or assets, securing the payment of a debt or performance of some other obligation.

Collateral

Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower fails to repay.

Perfected Interest

A legal claim or lien that has been formally established to secure priority over other claims concerning the same asset or property.

Repossession

The process by which a creditor takes back property from the borrower, due to failure to make required payments.