The Entering into of Nondisclosure Agreements Is an Unethical Practice

question 38

True/False

The entering into of nondisclosure agreements is an unethical practice that should not be tolerated by a legally astute manager.

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Definitions:

Rescission

Amounts to the undoing of a contract, returning the parties to the positions they were in before the contract.

Trade Secrets Act

Legislation that protects confidential business information from being disclosed or used without permission.

Federal Statute

A law enacted by the federal government that applies across the entire country.

Consumer Protection

Laws and regulations designed to ensure the rights of consumers are protected against unfair practices in the marketplace.