Investment Management Certificate (IMC) Practice Exam

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Study for the Investment Management Certificate exam. With flashcards and multiple-choice questions, each question comes with explanations. Prepare for your exam confidently!

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Which agency deals with consumers' privacy concerns for Facebook?

National Labor Relations Board
Corporation for Public Broadcasting
Federal Trade Commission
Commission on Civil Rights

The correct answer is: Federal Trade Commission

The Federal Trade Commission (FTC) is the agency that addresses consumers' privacy concerns related to Facebook and other companies. The FTC has the authority to enforce consumer protection laws and promote fair business practices. Specifically, it oversees issues relating to consumer data privacy, ensuring that companies like Facebook handle users’ personal information appropriately and transparently. Carrying out this role, the FTC investigates complaints about privacy violations and can take action against companies that fail to comply with their own privacy policies or engage in deceptive practices regarding user data. In the case of Facebook, the agency has been involved in various actions to safeguard consumer privacy, highlighting the significance of maintaining the trust of users when it comes to their personal information. The other agencies mentioned have different focuses: the National Labor Relations Board deals with labor relations and workers’ rights; the Corporation for Public Broadcasting focuses on public media funding; and the Commission on Civil Rights addresses issues related to civil rights, not specifically consumer privacy. These distinctions clarify why the FTC is the correct choice for addressing consumer privacy concerns with Facebook.