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While working as a waiter at Italian restaurant owned by Alice,Bill Cheater copies the restaurant's recipe for lasagna.Alice kept the recipe in her personal recipe booklet marked "personal" on the front,but it was an easy matter for Bill to get it.Alice had taken no other steps to protect the recipe.The restaurant is well known for its lasagna,and customers travel many miles to have it.Bill opens his own restaurant in a different county,advertising lasagna as a specialty.Alice visits the restaurant,finds out that Bill is using her recipe,and sues for misappropriation of her trade secret.Bill says that he didn't violate any law,that no steps were taken to keep the recipe a secret,and that besides,he opened in a different county.Bill says that he wants a court order keeping Alice out of his restaurant.Who will likely win,and what will the remedy be?
HST
Harmonized Sales Tax, a combined tax that includes both a federal and provincial component, applied to the sale of goods and services.
Total Cost
The complete amount spent on a project or product, including all associated expenses.
Equity Financing
The process of raising capital through the sale of shares in a company, giving shareholders ownership interests.
Debt Financing
Raising funds through borrowing, often by issuing bonds or taking out loans, to support business activities.
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