While he was employed at KyoTek, Jakob came up with an idea for an app that has the potential to make a lot of money. KyoTek has not pursued the idea yet, but the company does have it listed in its potential project list. Jakob left his job at KyoTek, and he wants to develop that app on his own. He is prohibited from doing this because of what provision?
A)Nondisclosure of information agreement
B)Intellectual property agreement
C)Noncompete agreement
D)Nonpiracy agreement

Question

Quizplus · Accepted Answer

The Intellectual Property Agreement likely covers the creation of ideas, inventions, or developments made during employment, which are usually considered the property of the employer. Since Jakob developed the app idea while employed at KyoTek, the company retains the rights to that idea.

While He Was Employed at KyoTek, Jakob Came Up with an Idea