Under the______, 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 AccountabilityAct
c. Gramm-Leach-Bliley Act d. USA PATRIOT Act
c
?
You might also like to view...
Which one of the examples below best characterizes a modified rebuy?
A) purchasing paper clips for the office B) purchasing airline tickets under a new fare schedule C) purchasing the first local intranet for a small business D) purchasing toner for the office
Which of the following conditions would enable higher market share to produce higher profits?
A) when unit costs drop as market share increases B) when unit costs increase as market share increases C) when production volume drops as market share increases D) when production volume remains unaltered as market share increases E) when the company fails to break even
For the disaster risk decision tree model, explain why an increase in S and an increase in U have the opposite impact on the choice of how many suppliers to use. What is the implication of these two phenomena taken together?
What will be an ideal response?
P.D. Corporation is considering the purchase of a high-speed lathe that has an invoice price of $250,000
The cost to ship the lathe to P.D.'s factory is $10,000, and the existing facilities will require modifications that are expected to cost $20,000. The machine will be depreciated on a straight-line basis over its useful life of 10 years, assuming no salvage value. P.D. Corporation is planning on paying for the lathe using a line of credit at the bank that has an interest rate of 6 percent per year. The lathe is expected to increase production and sales. Sales are expected to increase by $100,000 per year. Inventory and accounts receivable balances are expected to increase by $10,000 and $20,000 respectively. Expenses to operate the lathe are $25,000 per year. P.D.'s marginal tax rate is 40%. a. Calculate the initial outlay required to fund this project. b. Calculate the incremental after-tax cash flow in year one of the project.