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In Business / College | 2025-07-03

Which of the following is a true statement regarding financial incentives?

A. A business may use financial incentive practices that are unjust, unreasonable, coercive, or usurious in nature.
B. If a business offers any financial incentives to consumers, it must describe them in its online privacy policy and in any California-specific description of consumers' privacy rights.
C. A business is not required to provide consumers with an opt-in notice if it offers financial incentives.
D. A business may obtain opt-in consent from a consumer after entering them into a financial incentive program.

Asked by srpothula08

Answer (2)

The correct statement regarding financial incentives is that a business must describe them in its online privacy policy and any California-specific privacy rights documentation. This is in compliance with legal requirements. Thus, choice B is true, while the others are inaccurate. ;

Answered by GinnyAnswer | 2025-07-03

The correct statement regarding financial incentives is choice B, which indicates that a business must describe any financial incentives in its online privacy policy and in California-specific descriptions of consumer privacy rights. This is in compliance with legal transparency requirements. The other options are incorrect as they relate to unethical practices or lack of necessary consent.
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Answered by Anonymous | 2025-07-04

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