Final answer:
The principles that businesses must follow for the collection of personal data under the Personal Information Protection and Electronic Documents Act are Informed Consent and Data Minimization.
Step-by-step explanation:
Principles for the Collection of Personal Data:
To be compliant with the Personal Information Protection and Electronic Documents Act (PIPEDA), businesses must adhere to certain principles for the collection of personal data. The correct answer to the student's question is option a) Informed Consent and Data Minimization. These principles require that individuals clearly understand the purpose for which their data is being collected and consent to the collection and processing of their personal information. Moreover, businesses should only collect the minimum amount of data required for the stated purpose, ensuring that unnecessary data is not accrued.
This respect for personal privacy aligns with international norms, such as the European Union's General Data Protection Regulation (GDPR), which similarly emphasizes informed consent and the minimization of data collection. Failing to follow these principles could lead to legal consequences and a loss of trust between the business and the consumer.