BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To be protected by law, a trade secret
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must be copyrightable
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must have had efforts to keep it secret
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must be commercially valuable
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both b and c
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Explanation:
Detailed explanation-1: -In the United States, trade secrets are defined and protected by the Economic Espionage Act of 1996 (outlined in Title 18, Part I, Chapter 90 of the U.S. Code) and also fall under state jurisdiction. As a result of a 1974 ruling, each state may adopt its own trade secret rules.
Detailed explanation-2: -What kind of information is protected by trade secrets? In general, any confidential business information which provides an enterprise a competitive edge and is unknown to others may be protected as a trade secret.
Detailed explanation-3: -The United States Patent and Trademark Office refers to a trade secret as a type of intellectual property.
There is 1 question to complete.