In Hicklin Engineering V

question 333

True/False

In Hicklin Engineering v. R.J. Bartell, where Bartell was accused of stealing trade secrets from his former employer, Hicklin that he now used in competition with Hicklin the appeals court held that since anyone could observe process in question at Hicklin, it was not a secret that could be protected.

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Definitions:

Indirect Method

This method is utilized in financial accounting to calculate cash flows from operating activities by starting with net income and adjusting for changes in balance sheet accounts.

Cash Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profit.

Cash Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits.

Indirect Method

A cash flow statement presentation technique where net income is adjusted for changes in balance sheet accounts to calculate operating cash flow.