Final answer:
Laws that force companies to comply with governance standards for collecting, reporting, and disclosing information are Privacy Laws.
Step-by-step explanation:
Laws that force companies to comply with governance standards for collecting, reporting, and disclosing information are Privacy Laws. Privacy laws are designed to protect individuals' personal information and ensure that companies handle it responsibly. These laws require companies to obtain consent for collecting personal data, maintain its confidentiality, and disclose how it will be used. For example, the General Data Protection Regulation (GDPR) in the European Union is a comprehensive privacy law that applies to companies operating in EU member states, regardless of their location. It sets strict rules for data collection, storage, and disclosure, and imposes significant fines for non-compliance.