When businesses adopt voluntary policies for protecting the privacy of individuals' information disclosed during electronic transactions,this is an example of:
A) Industry self-regulation.
B) Privacy legislation.
C) Consumer self-help.
D) Business privacy regulation.

Question

Quizplus · Accepted Answer

Industry self-regulation refers to voluntary policies created and adopted by businesses themselves in order to protect privacy rights of individuals whose personal information is disclosed during electronic transactions. It is not legislation, consumer self-help or a mandated regulatory regime created by a government agency.

When Businesses Adopt Voluntary Policies for Protecting the Privacy of Individuals