Match the Act on the Left to the Appropriate Explanation

question 8

Multiple Choice

Match the Act on the left to the appropriate explanation on the right.
-COPPA

• A)requires parental consent before collecting, using, or disclosing personal information of children under age 13
• B)protects privacy of American medical information
• C)details what personal information is collected and how it will be used
• D)adopted in 1998 establishing a high level of legal protection of personal data

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Definitions:

Bankruptcy Code

The set of laws codified under Title 11 of the United States Code, governing bankruptcy proceedings in the U.S.

Qualified Pension Plan

A retirement plan that meets the requirements established by the IRS, offering tax advantages to both employers and employees.

Social Security

A government program that provides monetary assistance to people with an inadequate or no income, especially the elderly, disabled, and families with dependent children.

Preference

In bankruptcy proceedings, the debtor’s favoring of one creditor over others by making payments or transferring property to that creditor at the expense of the rights of other creditors. The bankruptcy trustee is allowed to recover payments made to one creditor in preference over another.