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3 years ago

Under the (GLBA) privacy rule, why is it important to differentiate between a consumer and a customer?

Business

1 answer:

enot [183]3 years ago

3 0

Answer:

D. Only customers receive a financial institution privacy notice automatically

Explanation:

Let us take an illustration of all the points, primarily A is inaccurate because simply customers acquire a financial institution's privacy note directly. B and C are unreliable because, depending on the bank's privacy practices, both consumers and customers may have rights under the law and be able to opt-out. So, the answer will be D as we know that, the Privacy Rule demands thou to provide a note to each of your "customers" regarding your privacy systems.

You might be interested in

What information must economists have to estimate the price elasticity of demand? To estimate the price elasticity of demand,

kkurt [141]

Answer:

C. the demand curve for a product.

Explanation:

Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.

Thus, to determine the value of elasticity, one must know what was the change in price and the change in quantity demanded. In a graph where price and quantity are the x and y axes, this can be obtained by observing changes in the demand curve points, which reflected the price change on one axis and the quantity change on another axis. Thus, it is sufficient to divide the percentage change in quantity demanded by the percentage change in price to find the price elasticity of demand.

3 0

3 years ago

On July 1 of the current year, the assets and liabilities of John Wong, DVM, are as follows: Cash, $10,687; Accounts Receivable,

Agata [3.3K]

Answer:

The amount of stockholders' equity as of July 1 of the current year is $39,994

Explanation:

In John Wong, DVM, on July 1 of the current year:

Total asset = Cash + Accounts Receivable + Supplies + Land = $10,687 + $8,307 + $1,853 + $24,857 = $45,704

Liabilities = Accounts Payable = $5,710

Basing on accounting equation:

Total asset = Liabilities + Stockholders' Equity

Stockholders' Equity = Total asset - Liabilities = $45,704 - $5,710 = $39,994

7 0

3 years ago

2. Explain two ways that an informational interview is different from a job interview 3. Describe two ways that an informational

stiv31 [10]

Informational interview is were you get information like for example how people on talk shows interview people.... a job interview is to not get information but its to get a job... one way its benefitial is that one you get information and two it helps you to understand things from their point to view... two questions i would ask in an informational interview would be ''whats your point of view'' and ''whats something you would want people to know about this that they don't already know... hope this helps!!! :)

5 0

2 years ago

On March 1, a business paid $3,840 for a twelve-month liability insurance policy. On April 1, the business entered into a two-ye

Helen [10]

Answer:

a. Insurance expense for the month of march

= ($3,840 / 12 months) * 1 month

= $320 per month

b. Balance in prepaid insurance as of March 31

= ($3,840 / 12 months) *11 months remaining

= $3,520

c. Equipment rent expense for the month of April

= ($23,160 / 24 months) * 1 month

= $965

d. Balance in prepaid equipment rental as of April 30

= Nil ($0) as it is not mentioned that payment has been made, it is only mentioned that two year rental contract has been entered into.

4 0

3 years ago

. According to the path-goal theory of leadership, which of the following leadership styles stresses high-quality performance an

const2013 [10]

Answer:

The correct answer to the following question will be Option C (Achievement-oriented leadership).

Explanation:

The Path-Goal model is indeed a concept based on clarifying the style or activity of a leader that best suits the individual and the working conditions to reach a goal
The achievement-oriented leader approach applies to circumstances in which the leader sets demanding workplace goals, requires them to operate at their highest possible level, and expresses control over their own lives to fulfill those standards.

Therefore, Option C is the right answer.

4 0

3 years ago