If an owner fails to take all reasonable precautions in preventing a trade secret from being discovered,the secret is no longer protected under state unfair competition laws.

Question

Quizplus · Accepted Answer

This statement is true. Under state unfair competition laws, owners of trade secrets have a duty to take reasonable precautions to protect the secrecy of their trade secrets. If an owner fails to take such precautions, the trade secret may become known to others and lose its status as a protected secret.

If an Owner Fails to Take All Reasonable Precautions in Preventing