In the Business World, a _______ Is Recognized as a Legally

question 24

Multiple Choice

In the business world, a _______ is recognized as a legally acceptable way for any business to keep knowledge of its particular methods of production from being known by competing firms.

• A) patent
• B) monopoly
• C) trade secret
• D) trademark

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Definitions:

Human Differences

Refers to the variety in human characteristics such as culture, physical features, beliefs, and personalities that distinguish individuals or groups from one another.

Community Covenant

An agreement among members of a community to adhere to certain principles or rules designed to maintain a desirable environment.

College Creed

A formal statement of beliefs, values, or principles set by a college or university community, guiding the institution's culture and actions.

Discrimination

Discrimination is the unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.