Which of the Following Is True with Respect to the Duty

question 26

Multiple Choice

Which of the following is true with respect to the duty owed when a person is in possession of confidential information?

• A) The nature of the duty is not to disclose confidential information about a business that would cause harm to the business or bring personal benefit.
• B) A duty is only owed when the information is copyrighted or patented.
• C) There must be a fiduciary duty, in order to have a legal obligation not to disclose confidential information.
• D) There is an obligation of duty, only if stems from contract law.
• E) The duty is owed only between partners within a partnership.

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Definitions:

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Chief Executive Officer; the highest-ranking executive in a company, responsible for overall management and decision-making.

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A Brazilian economist and former CEO of Petrobras, Brazil's national petroleum company.