What Is a Data Broker

question 254

Multiple Choice

What is a data broker?

• A) A business that collects personal information about consumers and sells that information to other organizations
• B) A storage repository that holds a vast amount of raw data in its original format until the business needs it
• C) A technique for establishing a match, or balance, between the source data and the target data warehouse
• D) An approach to business governance that values decisions that can be backed up with verifiable data
• A data broker is a business that collects personal information about consumers and sells that information to other organizations.

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Definitions:

Liquidate

The process of converting assets into cash or other forms of payment, often used in the context of dissolving a business or paying off debts.

Compulsory Share Exchange

A corporate action where a company's shares are acquired in exchange for shares of the acquiring company, typically mandating that all shareholders participate.

Merge

To combine or unite multiple entities, such as companies or datasets, into one integrated whole.

Short-form Merger

A short-form merger is a type of merger that allows a parent company to absorb a subsidiary without the approval of the shareholders of the subsidiary.