Which of the Following Is True with Regard to the Law

question 102

Multiple Choice

Which of the following is true with regard to the law of trade secrets/breach of confidence?

• A) Computer software is not a proper subject matter for trade secret/breach of confidential protection because it can be protected by copyright law.
• B) Trade secret law is governed by a provincial statute.
• C) While an employee is prohibited from disclosing confidential information he has learned on the job, he can use the general skills he has acquired on that job when he changes employment.
• D) The court cannot award punitive damages, just compensatory damages, for breach of confidence.
• E) The protection afforded by this area of the law is limited to breaches of confidence only in a commercial setting, e.g., stealing a company's customer list, plans, etc.

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Definitions:

Quantitative Thresholds

Fixed numerical limits or criteria used to trigger certain actions or classify objects in financial and statistical contexts.

Operating Segments

Operating segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision-maker in deciding how to allocate resources and in assessing performance.

Reportable

Information or data that must be disclosed or submitted as required by law, regulations, or organizational policies.

Reportable Segment

A component of a business that can generate revenues and expenses and is regularly reviewed by the company's chief operating decision-maker for performance assessment.