WGU D333 Laws Questions with correct answers
Fair Credit Reporting Act Correct Answer-An act that regulates the
operations of credit-reporting bureaus, including how they collect, store,
and use credit information.
Right to Financial Privacy Act Correct Answer-An act that protects the
records of financial institution customers from unauthorized scrutiny by
the federal government
Gramm-Leach-Bliley Act (GLBA) Correct Answer-A bank deregulation
law that repealed a Depression-era law known as Glass-Steagall and
requires companies that offer consumers financial products or services
like loans, financial or investment advice, or insurance—to explain their
information-sharing practices to their customers and to safeguard
sensitive data.
Fair and Accurate Credit Transactions Act Correct Answer-An
amendment to the Fair Credit Reporting Act passed in 2003 that allows
consumers to request and obtain a free credit report once each year from
each of the three primary consumer credit reporting companies (Equifax,
Experian, and TransUnion).
Health Insurance Portability and Accountability Act (HIPAA) Correct
Answer-An act designed to improve the portability and continuity of
health insurance coverage; to reduce fraud, waste, and abuse in health
insurance and healthcare delivery; and to simplify the administration of
health insurance
, American Recovery and Reinvestment Act Correct Answer-A wide-
ranging act that authorized $787 billion in spending and tax cuts over a
10-year period and included strong privacy provisions for electronic
health records, such as banning the sale of health information, promoting
the use of audit trails and encryption, and providing rights of access for
patients.
Family Educational Rights and Privacy Act (FERPA) Correct Answer-A
federal law that assigns certain rights to parents regarding their
children's educational records.
Children's Online Privacy Protection Act (COPPA) Correct Answer-An
act implemented in 1998 in an attempt to give parents control over the
collection, use, and disclosure of their children's personal information
Title III of the Omnibus Crime Control and Safe Streets Act Correct
Answer-A law that regulates the interception of wire (telephone) and
oral communications; also known as the Wiretap Act.
Wiretap Act Correct Answer-A law that regulates the interception of
wire (telephone) and oral communications; also known as the Title III of
the Omnibus Crime Control and Safe Streets Act.
Foreign Intelligence Surveillance Act (FISA) Court Correct Answer-
Created by the FISA, this court meets in secret to hear applications for
orders approving electronic surveillance anywhere within the United
States.
Fair Credit Reporting Act Correct Answer-An act that regulates the
operations of credit-reporting bureaus, including how they collect, store,
and use credit information.
Right to Financial Privacy Act Correct Answer-An act that protects the
records of financial institution customers from unauthorized scrutiny by
the federal government
Gramm-Leach-Bliley Act (GLBA) Correct Answer-A bank deregulation
law that repealed a Depression-era law known as Glass-Steagall and
requires companies that offer consumers financial products or services
like loans, financial or investment advice, or insurance—to explain their
information-sharing practices to their customers and to safeguard
sensitive data.
Fair and Accurate Credit Transactions Act Correct Answer-An
amendment to the Fair Credit Reporting Act passed in 2003 that allows
consumers to request and obtain a free credit report once each year from
each of the three primary consumer credit reporting companies (Equifax,
Experian, and TransUnion).
Health Insurance Portability and Accountability Act (HIPAA) Correct
Answer-An act designed to improve the portability and continuity of
health insurance coverage; to reduce fraud, waste, and abuse in health
insurance and healthcare delivery; and to simplify the administration of
health insurance
, American Recovery and Reinvestment Act Correct Answer-A wide-
ranging act that authorized $787 billion in spending and tax cuts over a
10-year period and included strong privacy provisions for electronic
health records, such as banning the sale of health information, promoting
the use of audit trails and encryption, and providing rights of access for
patients.
Family Educational Rights and Privacy Act (FERPA) Correct Answer-A
federal law that assigns certain rights to parents regarding their
children's educational records.
Children's Online Privacy Protection Act (COPPA) Correct Answer-An
act implemented in 1998 in an attempt to give parents control over the
collection, use, and disclosure of their children's personal information
Title III of the Omnibus Crime Control and Safe Streets Act Correct
Answer-A law that regulates the interception of wire (telephone) and
oral communications; also known as the Wiretap Act.
Wiretap Act Correct Answer-A law that regulates the interception of
wire (telephone) and oral communications; also known as the Title III of
the Omnibus Crime Control and Safe Streets Act.
Foreign Intelligence Surveillance Act (FISA) Court Correct Answer-
Created by the FISA, this court meets in secret to hear applications for
orders approving electronic surveillance anywhere within the United
States.
