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:

Loanable Funds

A term in economics referring to the market where savers supply funds for loans to borrowers, influenced by interest rates.

Induces

Induces means to lead or move someone to take action, often by persuasion or influence.

National Saving

The total amount of savings in a country, equal to the sum of private and public savings, representing the portion of national income not used for consumption or government spending.

Consumption

Consumption involves the use of goods and services by households, constituting one of the main components of aggregate demand in an economy.