An important difference between a patent and a trade secret is that a patent holder must disclose the workings of the patent and the trade secret owner is not required to disclose the trade secret.

Question

Quizplus · Accepted Answer

This statement is true. When applying for a patent, the inventor must fully disclose the details of the invention in the patent application. However, with trade secrets, the owner is not required to disclose any information about the secret to the public or government in order to obtain legal protection.

An Important Difference Between a Patent and a Trade Secret