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What document outlines the agreement regarding customer information sharing between Company ABC and Company XYZ?

  1. Privacy Policy

  2. Non-Disclosure Agreement

  3. Marketing Agreement

  4. Data Sharing Agreement

The correct answer is: Marketing Agreement

The most suitable document for outlining the agreement regarding customer information sharing between two companies is a Data Sharing Agreement. This type of agreement specifically addresses the terms, conditions, and protocols for sharing sensitive or private information between parties, which may include customer data. A Data Sharing Agreement typically details the obligations of both companies regarding the handling of data, ensuring that the information is shared responsibly and in compliance with relevant laws and regulations. Additionally, it may include provisions on data protection measures, the purpose of the data sharing, the duration of the agreement, and the rights of the individuals whose data is being shared. While a Privacy Policy indeed explains how a company will handle, store, and protect customer data, it usually applies to the company's practices and does not serve as a bilateral agreement between two entities. A Non-Disclosure Agreement (NDA) focuses on confidentiality and protecting proprietary information shared between parties but does not specifically address the sharing of customer information. A Marketing Agreement typically outlines terms for promotional activities between two companies and would not specifically cover the sharing of customer data or the responsibilities involved.