1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nina [5.8K]
4 years ago
13

5. Which of these things does GLBA not require financial institutions to do?: a. The law requires these institutions to explain

how they use and share your personal information. b. The law requires financial institutions to provide customers with their internal security policy. c. The law also allows you to stop or "opt out" of certain information sharing. d. The law requires that financial institutions describe how they will protect the confidentiality and security of your information.
Business
1 answer:
Vinil7 [7]4 years ago
3 0

Answer:

B.

Explanation:

The Gramm-Leach Bliley Act (GLMA) is an act authorized by federal law of the United States. GLMA is also known as Financial Modernization Act of 1999 that describes how personal information of customers is protected or shared.

This act set guidelines for financial institutions to share to it's customers how their private or sensitive information is shared, from what informations a customer can 'opt-out' to share, and, how they protect the customer's confidential information.

<u>Thus from the given options, the thing that GLBA does not require financial institutions to do is to provide customers information on how their internal security policy works</u>.

Therefore, the correct answer is option B.

You might be interested in
In Jan. 2020 Mary Jones was earning $40,000 in net income and spending $39,000 on a yearly basis. Mary Jones loses her job on Ap
Liono4ka [1.6K]

Answer:

to determine her income level, we must add Mary's net salary during the first 3 months + total unemployment benefits for the first 13 weeks (April, May and June) + unemployment benefits for the next 13 weeks (July, August and September) + her normal income received during the last part of the year

total income = ($40,000 x 1/4) + ($947 x 13 weeks) + ($347 x 13 weeks) + ($40,000 x 1/4) = $10,000 + $12,311 + $4,511 + $10,000 = $36,822

total spending = normal spending level during 6 months + reduced spending level for the other 6 months

total spending = ($39,000 x 1/2) + ($39,000 x 1/2 x 9/10) = $19,500 + $17,550 = $37,050

6 0
3 years ago
The chief distinguishing factor of a corporation is its 1.________ . An investor who purchases stock in a corporation becomes a
elena-14-01-66 [18.8K]

Answer:

1. Limited liability

2. Shareholder

The concept of limited liability is one of the main characteristics of a corporation. Limited liability means that the owners are responsible for the debts of the company only to the extent of the money they've contributed to the company.

When an investor purchases shares of a corporation, becomes a shareholder of a corporation.  He can then benefit from the growth in the company since he is also the owner of the company.

6 0
3 years ago
The gross domestic product (GDP) of the United States is defined as the _________ all _________ _________ in a given period of t
Vilka [71]

Answer:

The gross domestic product (GDP) of the United States is defined as the sum of all goods and services produced in America in a given period of time.

Therefore, options 2, 3, 4 and 5 are included on America's GDP, as all of them are produced in American territory.

Explanation:

Gross domestic product is a macroeconomic indicator reflecting the market value of all final goods and services (intended for direct consumption or use) produced in a year in all sectors of the economy on the territory of the United States, regardless of the nationality of the factors of production used.

Option 1 refers to an American company that produces in Indonesia, therefore its production would be counted for the Indonesian GDP.

All other options refer to goods or services produced in America, therefore they have to be included in American GDP.

7 0
3 years ago
During 2010, Shirley Nutt, the sole shareholder of a calendar year S corporation, received a distribution of $16,000. On Decembe
Norma-Jean [14]

Answer:

Attached image carries the solution to this problem.

3 0
3 years ago
If firms in a competitive industry begin to earn profit in the short run, new firms will enter. This will shift the industry a.
xxTIMURxx [149]

Answer:

c. supply curve to the right, meaning market price will fall.

Explanation:

If firms in a competitive market start to make a large profit, more firms will enter that market because they will also want a share of it. As more firms enter the market, total quantity supplied will increase, shifting the supply curve to the right and lowering the equilibrium price.

3 0
4 years ago
Other questions:
  • W. L. Gore is the company that created Gore-Tex among many other innovative products. W.L.Gore employees (known as associates) d
    7·1 answer
  • As illustrated here, a binding price ceiling causes a short-run shortage, which then worsens into a long-run shortage. what, in
    14·1 answer
  • A negative externality will cause a private market to produce a. less than is socially desirable. b. more than is socially desir
    5·1 answer
  • Meeting others through volunteer work is the most common way people expand their network. Please select the best answer from the
    5·2 answers
  • ​In the _____ of the process of supplier segmentation, suppliers have a significant portion of the buyer’s spend but do not view
    9·1 answer
  • Eight months ago, you purchased 400 shares of Winston stock at a price of $46.40 a share. The company pays quarterly difidents o
    12·2 answers
  • Beans Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hour
    11·1 answer
  • :Fixed cost per unit
    13·1 answer
  • Match each action to their correct definitions.
    8·1 answer
  • Some risks associated with investing in real estate are?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!