The FIP principle of Notice/Awareness states that:
A) customers must be allowed to choose how their information will be used for secondary purposes other than the supporting transaction.
B) data collectors must take responsible steps to assure that consumer information is accurate and secure from unauthorized use.
C) there must be a mechanism in place to enforce FIP principles.
D) Websites must disclose their information practices before collecting data.
E) consumers should be able to review the data collected about them.
D
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Prospective adjustments are expected to
A) impact financial statements of only previous years. B) impact financial statements of previous years and current years as if the accounting principle had always been used. C) produce no impact on the financial statements of previous years. D) impact the financial statements of the current year only.
What type of research is unstructured and informal?
A) deductive B) exploratory C) causal D) exploitive E) custom, non-standard
The Office of ________ takes on the tough responsibility of deciding which polluters will be taken to court
A) Compliance B) Pollution Control C) Regulatory Enforcement D) Environment Protection
Kevin, a contractor, was advised by several persons in his community that Toby had been representing himself around the town, as being Kevin?s agent and authorized to make home renovation contracts on his behalf
Kevin had in fact not authorized Toby to make these representations on his behalf but did nothing to address the situation. Two weeks later, Myra a homeowner, advised Kevin that she had made a contract to renovate her home with him through Toby and that if he did not carry out the work, she would take legal action against him. Which of the following statements is TRUE? A) Kevin is not bound by the contract with Myra as Toby had no actual authority B) Myra cannot enforce the contract against Kevin as she had a duty to verify that Toby had the authority claimed. C) Kevin is estopped from denying that he has a valid contract with Myra. D) Myra cannot enforce the contract against Kevin but can sue Toby for fraud E) Kevin is bound by the contract with Myra but is free to adjust the terms of his performance