What are the limitations on the transfer of personal information in contract law?

In Texas, the transfer of personal information in contract law is subject to certain limitations. This information can include anything from Social Security numbers and credit card numbers to addresses and telephone numbers. To start, the law requires that businesses obtain consent from individuals before transferring any personal information. This means that individuals must be informed when their personal information is going to be used by a third party in connection with a contract. In addition, individuals must be given the opportunity to agree or disagree with the transfer. The law also places restrictions on how personal information can be used by third-parties. For instance, the third-party is not allowed to share the information with any other parties without the individual’s permission. Furthermore, they are only allowed to use the information for the purposes stated in the contract and no other activities. Finally, the law sets out rules regarding how businesses must safeguard the data. Businesses must use "reasonable security measures" to protect the data and keep it secure. For example, they may be required to use encryption software or other measures to ensure that the information is not accessed by unauthorized persons. Overall, these limitations aim to protect individuals in Texas from having their personal information misused by businesses when entering into contracts. Companies must adhere to the rules and seek consent from the individuals before transferring the data.

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What are the limitations on the transfer of personal information in contract law?

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