Which of the Following Is NOT True About the Uniform

question 2

Multiple Choice

Which of the following is NOT true about the Uniform Trade Secrets Act UTSA) ?

• A)It is a model law to protect trade secrets.
• B)According to the Act,misappropriation occurs if the secret was acquired by improper means.
• C)Very few states have adopted the UTSA.
• D)In cases of willful or malicious misappropriation,double damages may be awarded,as well as attorney's fees.
• E)The definition of trade secret can vary by jurisdiction.

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Definitions:

Optimal Amount

The quantity of production or consumption that maximizes efficiency or utility under given constraints.

Median Voter's Preference

A concept in political economy suggesting the outcome of a majority-vote decision process will most closely align with the preferences of the median voter.

Vote With Their Feet

The concept that people show their preferences or dissatisfaction with a situation by leaving an area or opting out of a system.

Free-Rider Problem

A situation where individuals consume more than their fair share of a public resource, or shoulder less of the cost of its production, benefiting from a good without properly paying for it.