EU business law MCQ's week 12-17

EU business law MCQ's week 12-17

University

58 Qs

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EU business law MCQ's week 12-17

EU business law MCQ's week 12-17

Assessment

Quiz

Other

University

Easy

Created by

Juan Zamora

Used 5+ times

FREE Resource

58 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

1. In the context of Data Protection Law, what is the significance of the Brussels Effect?

a) It refers to a geographical limitation in EU data protection

b) Companies comply with EU law voluntarily due to the size and significance of the market

c) It restricts the applicability of GDPR to EU citizens only

d) The EU's interference in the data protection laws of non-EU countries

2.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Regarding GDPR enforcement, what does the One-Stop-Shop principle aim to achieve?

a) Centralized data control by the EU

b) Decentralized enforcement across all EU member states

c) Streamlining organizations' dealings with a single lead supervisory authority for cross-border processing

d) Restricting organizations from engaging in cross-border processing activities

3.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

What is the main objective behind the concept of "appropriate safeguards" in data transfers outside the EU?

a) To restrict data transfers to EU countries only

b) To enable GDPR to function internationally by ensuring enforceability

c) To complicate international data transfers for enhanced security

d) To prioritize data transfers within the EU to foster economic growth

4.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

In the context of GDPR fines, what is the significance of Art. 83(4/5)?


a) It outlines the specific thresholds for fines based on the type of violation

b) It provides immunity to organizations against fines

c) It limits fines to a fixed amount, irrespective of the violation's severity

d) It is irrelevant to the determination of fines under GDPR

5.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

What is the primary purpose of the Schrems II case in the context of data protection?

a) To establish the supremacy of national data protection laws over GDPR

b) To illustrate the process of holding the EU Commission accountable for data protection issues

c) To challenge the legality of GDPR in non-EU countries

d) To advocate for lenient fines for data protection violations

6.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

What is the nuanced stance on the scope of "data" in Data Protection Law?

a) Exclusively limited to identifiable personal information

b) Broad, but excludes technical and financial data

c) Broad, encompassing any form of information

d) Limited to information explicitly related to privacy

7.

MULTIPLE SELECT QUESTION

10 mins • 1 pt

Among the objectives of Data Protection Law, which ones are considered paramount?

c) Protecting Information

b) Protecting Privacy

a) Safeguarding Data

d) Ensuring fair processing of technical data

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