The Donald Wohlgemuth Case Shows That

question 37

Multiple Choice

The Donald Wohlgemuth case shows that

• A) trade secrets can be patented.
• B) trade secrets often become an integral part of an employee's total job skills and capabilities.
• C) employees need to divest themselves of any skill acquired while handling trade secrets.
• D) "noncompete" or "nondisclosure" contracts are always legally valid.

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Definitions:

Cost of Goods Sold

The total cost of manufacturing or acquiring the products that were sold during a given period.

Operating Expenses

Expenses incurred in the course of regular business operations, such as wages, rent, and utilities.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, representing the owners' share.

Stock Dividend

A dividend payment made to shareholders in the form of additional shares of the company's stock, rather than cash.