Identify a Principle of the Directive on Data Privacy That

question 48

Multiple Choice

Identify a principle of the Directive on Data Privacy that conflicts with U.S.practices.

• A)Businesses can refrain from informing people of the ways their data will be used.
• B) Organizations can purchase personal data from third parties and never notify the subject.
• C) Personal data can be processed only if the subject has given consent.
• D) Personal data can be used for processes other than the original one.

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Definitions:

Appreciation

An increase in the value of an asset over time, enhancing its worth and purchasing power.

Coupon Bond

A bond that pays the holder a fixed interest rate (coupon) payment over the bond's lifespan, with the principal paid back at maturity.

Zero Coupon Bond

A debt security that doesn't pay interest (a coupon) but is traded at a deep discount, offering profit at maturity when the bond is redeemed for its full face value.

Compounded

Refers to the process where the value of an investment grows exponentially over time as earnings or interest are reinvested to generate additional earnings.