Information That Cannot Be Patented, Copyrighted, or Trademarked Cannot Be

question 37

True/False

Information that cannot be patented, copyrighted, or trademarked cannot be protected as a trade secret.

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Definitions:

Selling Price

The amount of money for which a product or service is sold, which can include costs and profit margins.

Margin

In finance, margin refers to the difference between the selling price and the cost of goods sold, often expressed as a percentage of the selling price. In trading, it refers to the collateral required to open and maintain a position.

Cost

The amount of money required to purchase something or the expense incurred to create a product or service.

Overhead Costs

Expenses related to the day-to-day running of a business that are not directly linked to the production of goods or services.