Ted has been a customer of Vista Inc for over ten years, during the course of which the
company collected a lot of information about him.
Vista Inc is entering into a joint venture agreement with Prima Ltd and contacted Ted and its other customers seeking their permission to disclose their consumer information to Prima on an ongoing basis. Ted consented to this. Six months later, Ted read an article about misuse of consumer information at Prima and contacted Vista in order to advise them not to disclose any more information about him to Prima. In light of PIPEDA, which of the following statements is true?
A) Ted having previously given his consent to the disclosure of his information, cannot revoke it.
B) Vista has the discretion whether or not to allow Ted to withdraw his consent.
C) Ted has the right to withdraw his consent to his information being disclosed
D) Vista will be allowed to continue to disclose Ted's information for up to six months after he has withdrawn his consent
E) Vista can continue to use Ted's information but only if it pays Ted to use it
C
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What is the major difference between a periodic and perpetual inventory system?
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Dartmouth Company has an quick ratio of 2.5 to 1. It has current liabilities of $40,000 and noncurrent assets of $70,000. If Dartmouth's current ratio is 3.1 to 1, its inventory and prepaid expenses must be
A) $12,400 B) $24,000 C) $30,000 D) $40,000
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