Which of the Following Is Not One of the 10

question 17

Multiple Choice

Which of the following is not one of the 10 internationally recognized best practices for protecting the privacy of customers' personal information?

• A) Providing free credit report monitoring for customers
• B) Inform customers of the option to opt-out of data collection and use of their personal information
• C) Allow customers' browsers to decline to accept cookies
• D) Utilize controls to prevent unauthorized access to, and disclosure of, customers' information

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Definitions:

Initial Endowment

The initial allocation of resources, money, or goods that an individual, institution, or country possesses.

Pareto Optimal

An allocation of resources from which it is impossible to reallocate to make any one individual better off without making at least one individual worse off.

Utility Function

A mathematical representation used in economics to model the satisfaction or happiness a consumer derives from consuming goods and services.

Edgeworth Box

A diagram used in microeconomics to show the distribution of resources and the optimality of trade-offs between two agents in an economy.