What federal statute was enacted by the Congress to protect trade secrets?
A) Economic Espionage Act
B) Sarbanes-Oxley Act
C) Lanham Act
D) Telecommunication Act

Question

Quizplus · Accepted Answer

The Economic Espionage Act was enacted to protect trade secrets by criminalizing theft and misappropriation of trade secrets. This federal statute provides civil and criminal remedies for trade secret theft, including fines and imprisonment. The other options (B, C, and D) are not relevant to trade secret protection. The Sarbanes-Oxley Act deals with financial reporting and corporate governance, the Lanham Act pertains to trademark laws, and the Telecommunication Act covers regulations for telecommunications industry.

What Federal Statute Was Enacted by the Congress to Protect