What Federal Statute Was Enacted by the U

question 10

Multiple Choice

What federal statute was enacted by the U.S.Congress to protect trade secrets?

• A)the Sarbanes-Oxley Act
• B)the Lanham Act
• C)the Telecommunication Act
• D)the Economic Espionage Act

---

Definitions:

Total Amount

The entirety or sum total of units, numbers, or quantities considered or calculated.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers matches the quantity supplied by producers, resulting in market balance.

Producer Surplus

The difference between what producers are willing to accept for a good or service versus what they actually receive in the market.

Allocative Efficiency

A state of resource allocation where goods and services are distributed according to consumer preferences in a way that maximizes utility.