Explain Why an Inventor Might Prefer to Protect an Invention

question 49

Essay

Explain why an inventor might prefer to protect an invention by way of trade secret rather than applying for a patent.

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Definitions:

Downsizing

A reduction in a company's workforce to improve its financial performance or adapt to market conditions.

EEOC

The Equal Employment Opportunity Commission (EEOC) is a federal agency that administers and enforces civil rights laws against workplace discrimination in the United States.

FMLA

The Family and Medical Leave Act is a U.S. federal law that provides employees with unpaid, job-protected leave for certain family and medical reasons.

Obligations

Duties or commitments that an individual or organization is bound to perform, often under the terms of a contract or law.