Question
11.The government agency that oversees businesses privacy practices is the A. Federal Trade Commission. B. Bureau of Industry and Security. C. Bureau of Labor Statistics. D. Securities and Exchange Commission.
Answer
4.3
(323 Votes)
Samuel
Elite · Tutor for 8 years
Answer
A
Explanation
This question tests our knowledge of United States government agencies that oversee various industries. In particular, it asks which agency oversees businesses' privacy practices. A. Federal Trade Commission (FTC): The FTC is responsible for protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices.B. Bureau of Industry and Security (BIS): The BIS oversees and controls the export and re-export of commodities, technology, and software as part of its goal to strengthen the U.S. industry and promote security.C. Bureau of Labor Statistics (BLS): The BLS doesn't regulate business practices but gathers, analyzes, and disseminates essential statistical data to the American public, Congress, and federal agencies.D. Securities and Exchange Commission (SEC): The SEC regulates the securities (ie. financial assets such as stocks and bonds) industry, and its primary mission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.Among those options, the agency responsible for protecting consumers' privacy rights in the commercial context - including oversight of businesses' privacy practices - is the Federal Trade Commission.