The Gramm-Leach-Bliley Act Is an Important Law Designed To

question 2

Multiple Choice

The Gramm-Leach-Bliley Act is an important law designed to:

• A) protect the channels of commerce
• B) restrict alcohol and tobacco advertising
• C) eliminate certain products from being advertised on children's television programs
• D) protect consumers from identity theft
• E) penalize marketers selling merchandise with counterfeit brand names

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Definitions:

Deposit Slip

A document provided by a bank for a depositor to fill out, detailing the amount of cash or checks to be added to a particular account.

Cryptocurrency

Digital or virtual currency that uses cryptography for security, operating independently of a central bank.

Cryptography

The practice and study of techniques for secure communication in the presence of third parties by converting information into a code to prevent unauthorized access.

Money Order

A money order is a payment order for a pre-specified amount of money, serving as a method of transferring or sending money safely where the use of checks or cash is not possible or advised.