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. What steps must Greentree take to protect Mark's information?
A) Greentree must designate an individual accountable for compliance with the Act.
B) Greentree must make information about its policies and practices regarding personal information available to Mark.
C) Mark may have access to his information, upon request.
D) Greentree must have appropriate safeguards to protect the information.
E) All of the steps are required.

Question

Quizplus · Accepted Answer

All of the steps listed are required to ensure the protection of Mark's personal information in compliance with privacy laws and regulations. These steps include designating an individual responsible for compliance, making policies and practices known, allowing access to personal information upon request, and implementing appropriate safeguards.