Shaw and Barry Mention Three Arguments for Legally Protecting Trade

question 63

Multiple Choice

Shaw and Barry mention three arguments for legally protecting trade secrets.Which of these is one of them?

• A)Trade secrets are the intellectual property of the employee who developed them.
• B)Employees who disclose trade secrets violate the confidentiality owed to their employers
• C)Trade secrets are patented.
• D)Trade secrets are trademarked.

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Definitions:

Rules Of Game

The set of guidelines and principles that determine how a particular game or activity is conducted.

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The fluctuation in economic activity that an economy experiences over a period of time, marked by phases of expansion and contraction.

Mercantilism

An economic theory and practice where government regulation of a nation's economy is used to increase state power at the expense of rival national powers.

Laissez-faire

Laissez-faire is an economic philosophy advocating minimal governmental intervention in the marketplace and the economic activities of individuals and businesses.