Which of the following statements about trade secrets is not true?
A) Trade secret protections vary from state to state.
B) Any intellectual product, regardless of its purpose, can be classified as a trade secret.
C) Software that contains unique elements can be claimed as a trade secret.
D) Trade secret law protects the actual ideas in a product.

Question

Quizplus · Accepted Answer

Trade secrets must derive independent economic value from not being generally known and must be subject to reasonable efforts to maintain their secrecy, not just any intellectual product can be classified as a trade secret.

Which of the Following Statements About Trade Secrets Is Not