In the Context of Privacy Legislations,which of the Following Statements

question 6

Multiple Choice

In the context of privacy legislations,which of the following statements is true of the Freedom of Information Act of 1966? 

• A) The act protects the privacy rights of individuals. 
• B) The act prevents states from disclosing or selling a driver's personal information without the driver's consent. 
• C) The act protects the privacy of medical information. 
• D) The act restricts government disclosure of data to third parties. 
• E) The act supports the protection, enhancement, and wise use of a person's personal information.

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Definitions:

Economic Life

The estimated period over which an asset is expected to be economically useful to its owner or the duration it can generate revenue, beyond which it is not cost-effective to operate.

Warranty

A guarantee, typically from a manufacturer or seller, promising to repair or replace defective goods within a specified time period.

Lease Liability

A financial obligation representing the present value of future lease payments that a lessee is required to make under a lease agreement.

Discount Rate

The interest rate used in discounted cash flow (DCF) analysis to present value future cash flows, or in the context of bond investments, it is the interest rate used by investors to compare different bond issues.