Misappropriation of a Trade Secret Can Occur When a Trade

question 4

True/False

Misappropriation of a trade secret can occur when a trade secret is initially acquired lawfully but then later improperly used.

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Definitions:

Reporting Agencies

Organizations that collect, compile, and distribute information about individuals or companies, especially for credit reporting, background checks, or statistical purposes.

Credit Reports

Documents that contain detailed information about an individual's credit history, including loans, credit cards, and payment history.

Closed-end Credit

A type of loan where a consumer borrows a specific amount of money and agrees to repay it over a fixed period with scheduled payments.

Financing

The act of providing funds for business activities, making purchases, or investing.