In the ________ Model of Informed Consent,personal Information Can Be

question 18

Multiple Choice

In the ________ model of informed consent,personal information can be collected until the consumer specifically requests that his or her data not be collected.

• A)opt-in
• B)opt-out
• C)P3P
• D)PGP
• E)IPA

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Definitions:

Highest Price

the maximum price at which a good or service is sold in the market or the highest price a buyer is willing to pay.

Unconsummated Transaction

A transaction that is proposed but not finalized or completed.

Tax Rate

The percentage at which an individual or corporation is taxed on earned income, investments, or properties.

Buyer Surplus

The difference between the buyer’s value (what he is willing to pay) and the price (what he has to pay).