What must an opt-out notice include according to Section 250?

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The correct answer highlights the essential element of the opt-out notice, which is a clear explanation of the right to opt-out. This is crucial as it ensures that the individual receiving the notice understands their rights regarding the sharing of personal information. The purpose of the opt-out notice is to inform consumers about their choices and the actions they can take to protect their privacy effectively. By providing a straightforward explanation, individuals can make informed decisions regarding their information and its use by the company.

The other options do not align with the primary objective of the opt-out notice. Requests for personal financial statements or summaries of the company's history are not relevant to the opt-out process itself, as they do not inform the consumer about their rights. Similarly, while an invitation to a privacy seminar might offer additional information, it does not fulfill the fundamental requirement of clearly communicating the opt-out rights to the consumer.

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