A Cause of Action in the Tort of Breach of Confidence

question 74

Multiple Choice

A cause of action in the tort of breach of confidence will arise when one person:

• A)uses patented information without the consent of the registered owner.
• B)uses information disclosed confidentially without permission.
• C)breaches a restraint of trade clause in an employment contract.
• D)infringes copyright.

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Definitions:

Net Income

The total profit of a company after all expenses and taxes have been deducted from total revenue.

Incremental Cost Approach

Refers to the analysis of the additional costs that are incurred when making business decisions, focusing on the costs that change with the level of activity.

Discount Rate

The interest rate used to discount future cash flows to their present value, often reflecting the investor's required rate of return.

Major Repairs

Significant restorations or overhauls to equipment, buildings, or machinery that extend their useful life but are not considered routine maintenance.