The correct options to complete the statement are:
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explains what type of information the site collects, uses and shares/sells.
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protects people’s right to privacy.
The other options are not accurate:
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A website's privacy policy is not necessarily the same as a privacy statement; they can be different documents or sections of the same document with distinct purposes.
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While you may be able to access and use a site without reading its privacy policy, it is still important to understand that the policy provides crucial information regarding data handling practices. Ignoring it can lead to a lack of awareness about how your data is being used.