Greentree Financing Ltd. enters into an agreement to lend $20,000 to Mark for the purchase of a boat. On the loan application Mark provided the following information: address, telephone, social insurance number, employer, annual earnings and banking information. Mark agreed to the collection of the information for the purpose of assessing his suitability for the loan. How else can Greentree use this information?
A) Soliciting Mark with other offers for other financial products offered by Greentree.
B) Providing the information to Greentree affiliate companies.
C) Selling the information to other unaffiliated companies to solicit Mark with other offers for financial products.
D) Contacting his employer to determine if he is in a permanent job.
E) Greentree cannot use the information for any of these purposes.

Question

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The Answer of Greentree Financing Ltd. enters into an agreement to lend $20,000 to Mark for the purchase of a boat. On the loan application Mark provided the following information: address, telephone, social insurance number, employer, annual earnings and banking information. Mark agreed to the collection of the information for the purpose of assessing his suitability for the loan. How else can Greentree use this information?
A) Soliciting Mark with other offers for other financial products offered by Greentree.
B) Providing the information to Greentree affiliate companies.
C) Selling the information to other unaffiliated companies to solicit Mark with other offers for financial products.
D) Contacting his employer to determine if he is in a permanent job.
E) Greentree cannot use the information for any of these purposes.