Question

The Gram Leach Bliley Act gives you right to:

a) periodically change your SS # to avoid identity theft
b)receive yearly stipend to cover the losses incurred as a victim of identity fraud
c) claim your high credit report although an identity fraudster has damaged it severely
d) sue the perpetrator for more money than he or she defrauded you
e) opt out of having your personal info sold to organizations

Answer 1

The Gram Leach Bliley Act gives you the right to opt out of having your personal information sold to organizations, helping protect your privacy and minimize the risk of identity theft.

Step-by-step explanation:

The Gram Leach Bliley Act, also known as the GLBA, provides you with the right to opt out of having your personal information sold to organizations.

This means that you can choose whether or not your personal data, such as your name, address, and social security number, can be shared with third parties for marketing purposes.

By exercising this right, you can help protect your privacy and minimize the risk of identity theft.

It's important to note that the GLBA does not give you the right to periodically change your SS # to avoid identity theft, receive a yearly stipend as a victim of identity fraud,

claim your high credit report even if it has been damaged by an identity fraudster, or sue the perpetrator for more money than they defrauded you, as mentioned in options a), b), c), and d) respectively.