Which of the Following Is True with Regard to the Law

question 19

Multiple Choice

Which of the following is true with regard to the law of trade secrets/breach of confidence?

• A) The protection afforded by this area of the law is limited to breaches of confidence only in a commercial setting, e.g., stealing a company's customer list, plans, etc.
• B) The court cannot award punitive damages, just compensatory damages, for breach of confidence.
• C) While an employee is prohibited from disclosing confidential information he has learned on the job, he can use the general skills he has acquired on that job when he changes employment.
• D) Trade secret law is governed by a provincial statute.
• E) Computer software is not a proper subject matter for trade secret/breach of confidential protection because it can be protected by copyright law.

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Definitions:

Net Present Value

A calculation used to assess the profitability of an investment or project by summing the present values of all cash inflows and outflows associated with it.

Equity-Financed

A term describing a business that is funded through the sale of equity or shares to investors, rather than through borrowing or debt.

Price Per Share

The amount of money that one share of a company's stock is worth at a given time, reflecting what investors are willing to pay for a piece of the company.

Incremental Value

The additional value created by undertaking a particular action or project, calculated by comparing the difference in an entity's value with and without the action.