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luda_lava [24]
3 years ago
9

Which act requires that financial institutions must provide a privacy notice to each consumer that explains what data about the

consumer is gathered, with whom that data is shared, how the data is used, and how the data is protected?
A) Fair credit reporting act.
B) Health insurance portability and accontability act.
C) Gramm-leach-bliley act
D) USA Patriot act
Business
1 answer:
Yakvenalex [24]3 years ago
5 0

Answer:

Gramm–Leach–Bliley Act

Explanation:

The Gramm–Leach–Bliley Act (GLBA), also known as the Financial Services Modernization Act of 1999, (enacted November 12, 1999) is an act of the 106th United States Congress (1999–2001). It repealed part of the Glass–Steagall Act of 1933, removing barriers in the market among banking companies, securities companies and insurance companies that prohibited any one institution from acting as any combination of an investment bank, a commercial bank, and an insurance company. With the bipartisan passage of the Gramm–Leach–Bliley Act, commercial banks, investment banks, securities firms, and insurance companies were allowed to consolidate. Furthermore, it failed to give to the SEC or any other financial regulatory agency the authority to regulate large investment bank holding companies. The legislation was signed into law by President Bill Clinton.

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The answer is opportunity cost

Explanation:

Opportunity cost is the cost of an alternative forgone action. The cost of an action not taken. For example, Mr A had the chance to choose between job X and job Y, if he chooses job X, the salary that job Y will pay if he had chosen them will be the opportunity cost.

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Anton needs to identify the eight different scoring statistics for all the players on his school’s basketball team. Which graphi
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"Although Alibaba is competing in the Internet services industry, it has improved its performance by focusing on innovation and
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the resource-based model.

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