Misappropriation of a Trade Secret Occurs When ______

question 9

Multiple Choice

Misappropriation of a trade secret occurs when ______.

• A) a person is able to recreate the same information that the other considers to be a trade secret
• B) a person recreates a product after looking at it and figuring out how it works or how it is formulated
• C) a person uses another's trade secret and confidential information with authorization
• D) a person improperly acquires secret information through burglary, espionage, or computer hacking
• E) a person uses his or her own knowledge and understanding to recreate what is another's trade secret

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Definitions:

Year 2

Typically refers to the second year in a given context, such as the second year of a study, project, or business operation, implying an ongoing or sequential timeline.

Future Value

The value of a current asset at a future date based on an assumed rate of growth over time.

Compound Interest

Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.

No Further Deposits

A condition in financial agreements where an individual is not required or allowed to make additional contributions beyond the initial or specified amounts.