Information used in a business, generally unknown to the public, that the company has taken strong measures to keep confidential is known as which of the following?
A)copyright
B)patent
C)trade secret
D)certification

Question

Quizplus · Accepted Answer

A trade secret is confidential information used in a business that is not generally known to the public, and the company has taken steps to keep it secret. This information can include formulas, processes, designs, and other types of knowledge that give the business a competitive advantage. Copyrights protect creative works, patents protect inventions, and certification refers to a process of verifying that a product or service meets certain standards.

Information Used in a Business, Generally Unknown to the Public