A car dealership gives another company a consumer's financial records without notifying the consumer. Which regulatory act did t

Question

Dominik [7]

3 years ago

11

A car dealership gives another company a consumer's financial records without notifying the consumer. Which regulatory act did t

he car dealership violate?

Business

2 answers:

FrozenT [24] · Answer 1 · 2022-07-28T04:20:44+03:00

FrozenT [24]3 years ago

7 0

Right to financial privacy act

Paha777 [63] · Answer 2 · 2022-07-28T06:11:02+03:00

Answer:

The correct answer is Privacy of Consumer Financial Information.

Explanation:

The regulatory act that violated the auto dealership was the Consumer Financial Information Privacy Act. This law protects all financial information concerning acts performed by a consumer. The responsibility for keeping these data is strictly that of the car dealership.

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