Jim, a Programing Expert at CL Corp

question 35

Multiple Choice

 Jim, a programing expert at CL Corp., creates a new software program. However, before he can reveal his program, he receives an attractive employment offer from a rival company. Jim resigns from CL Corp. and accepts the rival company's offer, and he mentions the new software to his new employer. In this scenario, Jim is

• A) engaging in a conflict of interest.
• B) revealing a trade secret.
• C) competing fairly in the open market.
• D) violating employee privacy.

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Definitions:

Payroll Tax

Taxes imposed on employers and employees, calculated as a percentage of the salaries that employers pay their staff, used to fund social security and other government programs.

Corporate Income Tax

A tax imposed on the net income (profit) of corporations, calculated at a corporate tax rate.

Capital Intensive Techniques

Production methods that require a higher investment in physical capital rather than labor.