One Key Advantage That Trade Secret Law Has Over the Use

question 31

Multiple Choice

One key advantage that trade secret law has over the use of patents and copyrights in protecting companies from losing control of their intellectual property is ____.

• A) the time limitation for a trade secret is longer than for patents and copyrights
• B) no royalties must be paid on trade secrets
• C) trade secrets can become part of the prior art and be used to protect patents and copyrights
• D) there is no need to file an application or disclose the trade secret to gain protection

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Definitions:

Time and a Half

A rate of pay that is 1.5 times the employee's normal hourly wage, typically paid for overtime work.

OASDI

Old-Age, Survivors, and Disability Insurance, a comprehensive federal benefits program that provides benefits to retired people, the disabled, and families of retired, disabled or deceased workers.

Hospital Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred during hospitalization.

OASDI

Old-Age, Survivors, and Disability Insurance, a comprehensive federal benefits program that provides retirement, survivor, and disability benefits.