Which of the Following Is True of a Trade Secret

question 235

Multiple Choice

Which of the following is true of a trade secret:

• A) it is known by the competition
• B) it is copyrighted
• C) the owner has taken reasonable steps to protect the secret from disclosure
• D) all of the other specific choices are correct
• E) none of the other specific choices are correct

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Definitions:

Willingness To Pay

The maximum amount of money a consumer is prepared to spend to obtain a good or service.

Communications Network

A system of interconnected devices or nodes that can communicate with each other to exchange data and information.

Consumer Type

A classification of individuals based on their consumption patterns, preferences, or demographic characteristics.

Willingness To Pay

The maximum amount a consumer is prepared to pay for a good or service.