Which of the Following Countries Has Not Passed Legislation to Comply

question 13

Multiple Choice

Which of the following countries has not passed legislation to comply with the European Union's directive prohibiting the transfer of personal data to any countries that do not provide adequate privacy protection?

• A) Canada
• B) Australia
• C) United States
• D) New Zealand

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Definitions:

Rate of Interest

The rate at which interest is applied to a loan or credited to savings.

Investment

Allocating resources, usually money, with the expectation of earning an income or profit.

Term Deposits

Fixed-term savings accounts that typically offer higher interest rates, where money is locked in for a certain period.

Surplus Funds

Excess money or assets that remain after all expenses have been paid.