Which of the Following Statements Is True About Trade Secrets

question 59

Multiple Choice

Which of the following statements is true about trade secrets?

• A) A trade secret is a distinctive mark, word, design, picture, or arrangement used by the producer of a product that tends to cause consumers to identify the product with the producer.
• B) Inventions and designs are not considered as trade secrets.
• C) A trade secret is protected by the common law as long as it is kept secret and comprises elements not generally known in the trade.
• D) If a trade secret is discovered by a competitor through reverse engineering, the competitor may not profit from the discovery without paying royalties to the party holding the trade secret.

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Definitions:

Disseminate Negative Information

The act of spreading harmful or unfavorable data or news widely.

Public Opinion

The collective attitudes, beliefs, and values of the general public or specific groups about issues, policies, or elected officials, often shaped by political socialization.

Public Policy

Government policies designed to address public issues and create laws and actions to achieve desired outcomes for society.

Political Trust

Refers to the confidence and faith that citizens have in their political system and its institutions.