Since there is no formal protection procedure, the necessary steps for establishing a trade secret are often not taken seriously until a lawsuit is brought by the owner against someone who has misappropriated them.

Question

Quizplus · Accepted Answer

Trade secrets rely on confidentiality rather than formal registration for protection, leading to a lack of formal procedures and underestimation of necessary protective steps until a legal issue arises.

Since There Is No Formal Protection Procedure, the Necessary Steps