Which of the FTC's Fair Information Practices (FIP) Principles Requires

question 42

Multiple Choice

Which of the FTC's Fair Information Practices (FIP) principles requires identification of the collector of data?

• A) Notice/Awareness
• B) Choice/Consent
• C) Access/Participation
• D) Security

---

Definitions:

Commission Charges

Fees paid to an agent or company for facilitating a sale, typically calculated as a percentage of the sale price.

Dollar Amount

The dollar amount refers to a monetary value expressed in units of currency, particularly in dollars.

Cumulative Preferred Stock

A type of preferred stock where dividends accumulate if not paid in a given year, and must be paid out before any dividends on common stock.

Capital Stock

The amount of shares that a company's shareholders have purchased and own, representing ownership in the company.