RESEARCH METHODOLOGY

RESEARCH ETHICS

INTELLECTUAL PROPERTY RIGHTS AND PATENT LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A ____ is commercially valuable information that the owner attempts to keep hidden from competitors.
A
Patent
B
Trademark
C
Copyright
D
Trade Secret
Explanation: 

Detailed explanation-1: -Trade secrets encompass both technical information, such as information concerning manufacturing processes, experimental research data, software algorithms and commercial information such as distribution methods, list of suppliers and clients, and advertising strategies.

Detailed explanation-2: -A trade secret: is information that has either actual or potential independent economic value by virtue of not being generally known, has value to others who cannot legitimately obtain the information, and. is subject to reasonable efforts to maintain its secrecy.

Detailed explanation-3: -In general, a trade secret has three parts: (1) information (2) economic value from not being generally known by others, and (3) reasonable efforts have been taken to protect the trade secret.

There is 1 question to complete.