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What is the purpose of the Personal Information Protection and Electronic Documents Act? Select one: To balance individuals' privacy rights with the need of organizations

What is the purpose of the Personal Information Protection and Electronic Documents Act?
Select one:
To balance individuals' privacy rights with the need of organizations to collect, use, or disclose personal information for reasonable and appropriate purposes
To bring about change in the insurance industry
To assist in the growth of the insurance organization
To overrule the principles of indemnity
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