Examlex
Which of the following statements about T3 and T4 is true?
Legal Acceptance
The formal agreement to the terms of a contract, making the contract legally binding and enforceable.
Ownership
The legal right to possess, use, and dispose of something, whether it be physical property, intellectual property, or another asset.
Trade Secret
Information, including a formula, practice, process, design, instrument, pattern, or compilation of information, not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers.
Unlawfully Acquired
Refers to assets or goods obtained in violation of the law.
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