Which of the Following Statements About Trade Secrets Is True

question 15

Multiple Choice

Which of the following statements about trade secrets is true?

• A)Disgruntled employees are unable to register patents for the subject matter of trade secrets.
• B)Competitors who independently create the subject matter of your trade secret are unable to patent their ideas.
• C)Trade secrets can help keep an information-based asset a secret until it can be used or sold.
• D)Trade secrets cannot be patented at a later date because they violate the disclosure rules of patent law.
• E)Trade secrets can be registered at the Trade Secrets Bureau.

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Definitions:

Required Return

The minimum rate of return an investor expects to receive from an investment, considering the risk involved.

Arbitration

A form of alternative dispute resolution where a neutral third party makes a decision on a dispute outside the court system.

Data Packet

A formatted unit of data transmitted over a network, containing control information and user payload, facilitating reliable communication.